By Jennifer Chiou
New York, Jan. 17 - The Hong Kong Monetary Authority announced the reopening of its 2.46% 10-year government bonds for an accepted amount of HK$1.5 billion at an average accepted price of 104.79 for an annualized yield of 1.918%.
The notes mature Aug. 4, 2021.
Bids were received for HK$3.74 billion of the bonds, and the bid-to-cover ratio was 2.49. The average tender price was 102.01, and the average tender yield was 2.237%.
Settlement was set for Tuesday.
| Issuer: | Hong Kong
|
| Issue: | Government bonds
|
| Amount: | HK$1.5 billion
|
| Maturity: | Aug. 4, 2021
|
| Coupon: | 2.46%
|
| Average accepted price: | 104.79
|
| Yield: | 1.918%
|
| Auction date: | Jan. 16
|
| Settlement date: | Jan. 17
|
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