By Marisa Wong
Los Angeles, Sept. 8 – The Hong Kong Monetary Authority priced HK$1 billion of 1.59% government bonds due 2036 in a reopening on Wednesday.
Bids were received for about HK$2.71 billion.
The average accepted price was 99.74 for a yield of 1.617%.
The lowest price accepted was 99.01, corresponding to a yield of 1.674%, and the average tender price was 98.14, corresponding to a yield of 1.744%.
| Issuer: | Hong Kong Monetary Authority (for Hong Kong Special Administrative Region Government)
|
| Issue: | Government bonds, add-on
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| Amount: | HK$1 billion
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| Maturity: | March 4, 2036
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| Coupon: | 1.59%
|
| Average price: | 99.74
|
| Average yield: | 1.617%
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| Tender date: | Sept. 8
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| Settlement date: | Sept. 9
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