Published on 5/16/2014 in the Prospect News Emerging Markets Daily.
New Issue: Hong Kong auctions HK$1.2 billion 0.42% two-year exchange-fund notes
By Susanna Moon
Chicago, May 16 - Hong Kong auctioned HK$1.2 billion of 0.42% exchange-fund notes due May 19, 2016 on Friday, according to an announcement from the Hong Kong Monetary Authority.
The average price accepted was 100.1 for an average yield of 0.37%.
Bids were received for HK$6.79 billion of bonds. The lowest accepted price was 100.08.
| Issuer: | Hong Kong
|
| Issue: | Exchange-fund notes
|
| Amount: | HK$1.2 billion
|
| Maturity: | May 19, 2016
|
| Coupon: | 0.42%
|
| Average price: | 100.1
|
| Average yield: | 0.37%
|
| Auction date: | May 16
|
| Settlement date: | May 19
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
