By Wendy Van Sickle
Columbus, Ohio, Dec. 13 – Hong Kong Monetary Authority auctioned HK$500 million of government bonds due Jan. 12, 2038 in a reopening of the issue on Wednesday, according to an announcement.
The issue was oversubscribed by 5.022x, as HK$2.51 billion of applications were received.
The average acceptance price is 95.28, implying a yield of 4.231%.
The lowest price accepted was 94.62 for a yield of 4.297%.
| Issuer: | Hong Kong Monetary Authority
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| Amount: | HK$500 million
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| Issue: | Government bonds (15GB3801)
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| Maturity: | Jan. 12, 2038
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| Price: | 95.28
|
| Yield: | 4.231%
|
| Trade date: | Dec. 7
|
| Settlement date: | Dec. 14
|
| Marketing: | Auction
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