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Hong Kong Government Issues $191 Million 10-Year Government Bond with Average Yield of 3.655%
23rd January 2024 | Hong Kong
The Hong Kong Monetary Authority (HKMA) has announced the new issue of a Hong Kong Government $191 million (HKD 1.5 billion) 10-year government bond with average yield of 3.655%. HKMA (17/1/24): “The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 10-year Government Bonds through the re-opening of existing 15-year Government Bond (issue number 15GB3403) under the Institutional Bond Issuance Programme was held today (17 January). A total of HK$1.5 billion 10-year Government Bonds were offered today. A total of HK$4.798 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of the amount of bonds applied for over the amount of bonds issued, is 3.20. The average price accepted is 86.51, implying an annualised yield of 3.655%.”
“ Hong Kong Government Issues $191 Million 10-Year Government Bond with Average Yield of 3.655% “
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Hong Kong Government Issues $191 Million 10-Year Government Bond with Average Yield of 3.655%
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