By Susanna Moon
Chicago, Sept. 16 - Hong Kong sold HK$1 billion of 0.79% government bonds due Sept. 19, 2016 and HK$1.2 billion of 1.69% government bonds due Sept. 29, 2014 in an auction on Friday, according to an announcement.
The average price accepted for the 0.79% bonds was 100.21, and the average yield was 0.75%. The average price accepted for the 1.69% bonds was 104.29, and the average yield was 0.27%.
Bids were received for HK$3.07 billion of 0.79% bonds. The average tender price received was 99.95 for an average tender yield of 0.8%.
Bids were received for HK$4.07 billion of 1.69% bonds. The average tender price received was 104.14 for an average tender yield of 0.31%.
| Issuer: | Hong Kong
|
| Issue: | Government bonds
|
| Total amount: | HK$2.2 billion
|
| Auction date: | Sept. 16
|
| Settlement date: | Sept. 19
|
|
|
| Series 1
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| Amount: | HK$1 billion
|
| Maturity: | Sept. 19, 2016
|
| Coupon: | 0.79%
|
| Average price: | 100.21
|
| Average yield: | 0.75%
|
|
|
| Series 2
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| Amount: | HK$1.2 billion
|
| Maturity: | Sept. 29, 2014
|
| Coupon: | 1.69%
|
| Average price: | 104.29
|
| Average yield: | 0.27%
|
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