By Jennifer Chiou
New York, May 9 - Hong Kong sold HK$3 billion of 0.46% government bonds due May 11, 2015 through an auction on Wednesday, according to an announcement from the Hong Kong Monetary Authority.
The average price accepted is 99.65. The average yield is 0.577%.
Bids were received for HK$10.29 billion of bonds. The average tender price received was 99.37 for an average tender yield of 0.674%.
| Issuer: | Hong Kong
|
| Issue: | Government bonds
|
| Amount: | HK$3 billion
|
| Maturity: | May 11, 2015
|
| Coupon: | 0.46%
|
| Average price: | 99.65
|
| Average yield: | 0.577%
|
| Auction date: | May 9
|
| Settlement date: | May 10
|
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