By Susanna Moon
Chicago, Feb. 17 – Hong Kong auctioned HK$1.2 billion of 0.43% government bonds due 2017 on Wednesday under its institutional bond issuance program, according to a term sheet.
The average price accepted was 99.84 for a yield of 0.51%.
The average tender price was 99.78 for a yield of 0.54%.
The amount applied for was HK$4.6 billion.
Issuer: | Hong Kong
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Issue: | Government bonds
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Amount: | HK$1.2 billion
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Maturity: | Feb. 20, 2017
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Coupon: | 0.43%
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Average accepted price: | 99.84
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Yield at average price: | 0.51%
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Auction date: | Feb. 17
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Settlement date: | Feb. 18
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