Hong Kong Exchange Fund $6.9 Billion 3-Month Bills Average Yield at 4.59%, $1.6 Billion 5-Month Bills Average Yield at 4.56%, $640 Million 1-Year Bill Average Yield at 4.5%
4th August 2023 | Hong Kong
Hong Kong Exchange Fund Bills tender results on 1st August 2023 – $6.9 billion 3-month bills average yield at 4.59%, $1.6 billion 5-month bills average yield at 4.56%, and $640 million 1-year bill average yield at 4.5%. See below for tender results:
“ Hong Kong Exchange Fund $6.9 Billion 3-Month Bills Average Yield at 4.59%, $1.6 Billion 5-Month Bills Average Yield at 4.56%, $640 Million 1-Year Bill Average Yield at 4.5% “
Hong Kong Exchange Fund Bills Tender Results on 1st August 2023
1) $6.9 Billion 3-Month Bills Average Yield at 4.59%
Tender date | 1-Aug-23 |
Paper on offer | EF Bills |
Issue number | Q2331 |
Issue date | 2-Aug-23 |
Maturity date | 1-Nov-23 |
Amount applied | HK$140,250 MN |
Amount allotted | HK$53,999 MN |
Average yield accepted | 4.59% |
Highest yield accepted | 4.67% |
Pro rata ratio* | About 42% |
Average tender yield | 5.09% |
2) $1.6 Billion 5-Month Bills Average Yield at 4.56%
Tender date | 1-Aug-23 |
Paper on offer | EF Bills |
Issue number | H2360 |
Issue date | 2-Aug-23 |
Maturity date | 31-Jan-24 |
Amount applied | HK$48,067 MN |
Amount allotted | HK$13,000 MN |
Average yield accepted | 4.56% |
Highest yield accepted | 4.58% |
Pro rata ratio* | About 89% |
Average tender yield | 4.73% |
3) $640 Million 1-Year Bill Average Yield at 4.5%
Tender date | 1-Aug-23 |
Paper on offer | EF Bills |
Issue number | Y2392 |
Issue date | 2-Aug-23 |
Maturity date | 31-Jul-24 |
Amount applied | HK$23,150 MN |
Amount allotted | HK$5,000 MN |
Average yield accepted | 4.50% |
Highest yield accepted | 4.55% |
Pro rata ratio* | About 13% |
Average tender yield | 4.74% |
*“Pro rata ratio” refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the “highest yield accepted” level.
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