Tender results of the re-opening of 5-year HKD HKSAR Institutional Government Bonds
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 5-year HKD institutional Government Bonds through the re-opening of existing Government Bond (issue number 05GB2912001) under the Infrastructure Bond Programme was held today (5 March).
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$9.375 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.25. The average price accepted is 99.80, implying an annualised yield of 3.301%.
Hong Kong Monetary Authority
5 March 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
* Calculated as the amount of bonds applied for over the amount of bonds issued.
Hong Kong Monetary Authority
5 March 2025
A total of HK$1.5 billion 5-year Government Bonds were offered today. A total of HK$9.375 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.25. The average price accepted is 99.80, implying an annualised yield of 3.301%.
Hong Kong Monetary Authority
5 March 2025
HKSAR INSTITUTIONAL GOVERNMENT BONDS TENDER RESULTS
Tender results of 5-year HKD HKSAR Institutional Government Bonds:-
| Tender Date | : | 5 March 2025 |
| Issue Number | : | 05GB2912001 (Re-open) |
| Stock Code | : | 4284 (HKGB 3.23 2912) |
| Issue and Settlement Date | : | 6 March 2025 |
| Tenor | : | 5 years |
| Maturity Date | : | 5 December 2029 |
| Coupon Rate | : | 3.23% |
| Amount Applied | : | HK$9.375 billion |
| Amount Allotted | : | HK$1.5 billion |
| Bid-to-Cover Ratio* | : | 6.25 |
| Average Price Accepted (Yield) | : | 99.80 (3.301%) |
| Lowest Price Accepted (Yield) | : | 99.55 (3.360%) |
| Pro-rata Ratio | : | About 51% |
| Average Tender Price (Yield) | : | 99.33 (3.412%) |
Hong Kong Monetary Authority
5 March 2025
Source: Hong Kong Monetary Authority