By Tali Rackner
Norfolk, Va., Jan. 20 – The Hong Kong Monetary Authority sold HK$1 billion of 10-year government bonds in an auction on Tuesday.
Hong Kong sold the 1.68% bonds at an average price of 96.47 for a yield of 2.084%.
Bids were received for HK$3.15 billion.
The bid-to-cover ratio was 3.15.
| Issuer: | Hong Kong
|
| Issue: | Government bonds
|
| Amount: | HK$1 billion
|
| Maturity: | Jan. 21, 2026
|
| Coupon: | 1.68%
|
| Average price: | 96.47
|
| Average yield: | 2.084%
|
| Auction date: | Jan. 20
|
| Settlement date: | Jan. 21
|
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