Hong Kong Issues $63 Million 15-Year Government Bonds with Average Yield of 4.057% & Coupon of 3.74% Due 12th January 2038
29th June 2023 | Hong Kong
The Hong Kong SAR Government has issued a new $63 million (HKD 0.5 billion) 15-year Government Bonds with average yield of 3.74% and coupon of 4.057% due 12th January 2038 (Average price accepted: 96.97). HKMA (7/6/23): “The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of 15-year Government Bonds through the re-opening of existing 15-year Government Bond (issue number 15GB3801) under the Institutional Bond Issuance Programme was held today (28 June). A total of HK$0.5 billion 15-year Government Bonds were offered today. A total of HK$2.212 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 4.42. The average price accepted is 96.97, implying an annualised yield of 4.057%.” More info below.
“ Hong Kong Issues $63 Million 15-Year Government Bonds with Average Yield of 4.057% & Coupon of 3.74% Due 12th January 2038 “
Tender results of the re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
Tender Date | 28 June 2023 |
Issue Number | 15GB3801 (Re-open) |
Stock Code | 4258 (HKGB 3.74 3801) |
Issue and Settlement Date | 29 June 2023 |
Tenor | 15-year |
Maturity Date | 12 January 2038 |
Coupon Rate | 3.74% |
Amount Applied | HK$2.212 billion |
Amount Allotted | HK$0.5 billion |
Bid-to-Cover Ratio* | 4.42 |
Average Price Accepted (Yield) | 96.97 (4.057%) |
Lowest Price Accepted (Yield) | 96.00 (4.150%) |
Pro-rata Ratio | About 23% |
Average Tender Price (Yield) | 95.16 (4.231%) |
* Ratio of the amount of bonds applied for over the amount of bonds issued.
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Oct 2024 - Hong Kong
- Nov 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit