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Published on 5/16/2013 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong auctions HK$1.2 billion of 0.15% government bonds due 2015

By Tali David

Minneapolis, May 16 - Hong Kong sold HK$1.2 billion of 0.15% government bonds due 2015 through an auction on Thursday, according to an announcement from the Hong Kong Monetary Authority.

The average price accepted is 99.91. The average yield is 0.19%.

Bids were received for HK$7.64 billion of bonds. The average tender price received was 99.86 for an average tender yield of 0.22%.

Issuer:Hong Kong
Issue:Government bonds
Amount:HK$1.2 billion
Maturity:May 20, 2015
Coupon:0.15%
Average price:99.91
Average yield:0.19%
Auction date:May 16
Settlement date:May 20

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