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