Published on 11/15/2013 in the Prospect News Emerging Markets Daily.
New Issue: Hong Kong auctions HK$1.2 billion of 0.3% exchange-fund notes due 2015
By Jennifer Chiou
New York, Nov. 15 - Hong Kong auctioned HK$1.2 billion of 0.3% exchange-fund notes due Nov. 18, 2015 on Friday, according to an announcement from the Hong Kong Monetary Authority.
The average price accepted was 100.04 for an average yield of 0.28%.
Bids were received for HK$4.68 billion of bonds. The lowest accepted price was 100.01.
| Issuer: | Hong Kong
|
| Issue: | Exchange-fund notes
|
| Amount: | HK$1.2 billion
|
| Maturity: | Nov. 18, 2015
|
| Coupon: | 0.3%
|
| Average price: | 100.04
|
| Average yield: | 0.28%
|
| Auction date: | Nov. 15
|
| Settlement date: | Nov. 18
|
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