By Jennifer Chiou
New York, Sept. 26 – Hong Kong auctioned HK$1.2 billion of 0.25% government bonds due 2017 in a reopening on Friday, according to an announcement from the Hong Kong Monetary Authority.
The average price accepted was 98.19. The yield at the average price was 0.87%.
A total of HK$9.1 billion bids was received.
The average price received was 98.16, corresponding to an annualized yield of 0.88%.
| Issuer: | Hong Kong
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| Issue: | Government bonds
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| Amount: | HK$1.2 billion reopening
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| Maturity: | Sept. 18, 2017
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| Coupon: | 0.25%
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| Average accepted price: | 98.19
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| Yield at average price: | 0.87%
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| Auction date: | Sept. 26
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| Settlement date: | Sept. 29
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