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Published on 9/26/2014 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong auctions HK$1 billion 1.49% bonds due September 2019

By Jennifer Chiou

New York, Sept. 26 – Hong Kong auctioned HK$1 billion of 1.49% five-year exchange fund notes on Friday, according to an announcement.

The average price accepted was 100.31 for an average yield of 1.43%.

Bids were received for HK$5.73 billion of bonds.

The average tender price received was 100.14 for an average tender yield of 1.47%.

Issuer:Hong Kong
Issue:Exchange fund notes
Amount:HK$1 billion
Maturity:Sept. 30, 2019
Coupon:1.49%
Average price:100.31
Average yield:1.43%
Auction date:Sept. 26
Settlement date:Sept. 29

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