Published on 6/17/2011 in the Prospect News Emerging Markets Daily.
New Issue: Hong Kong prices HK$800 million 2.31% notes due 2021 to yield 2.27%
By Susanna Moon
Chicago, June 17 - Hong Kong priced HK$800 million of its 2.31% exchange-fund notes due June 21, 2021 on Friday, according to a government notice.
The government received competitive bids for HK$2.908 billion of the bonds at an average tender price of 100.51 to yield 2.27%.
Issuer: | Hong Kong
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Issue: | Exchange-fund notes
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Amount: | HK$800 million
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Maturity: | June 21, 2021
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Coupon: | 2.31%
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Average tender price: | 100.51
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Average yield: | 2.27%
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Pricing date: | June 17
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Settlement date: | June 20
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