By Jennifer Chiou
New York, Jan. 17 - The Hong Kong Monetary Authority announced the reopening of its 2.46% 10-year government bonds for an accepted amount of HK$1.5 billion at an average accepted price of 104.79 for an annualized yield of 1.918%.
The notes mature Aug. 4, 2021.
Bids were received for HK$3.74 billion of the bonds, and the bid-to-cover ratio was 2.49. The average tender price was 102.01, and the average tender yield was 2.237%.
Settlement was set for Tuesday.
Issuer: | Hong Kong
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Issue: | Government bonds
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Amount: | HK$1.5 billion
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Maturity: | Aug. 4, 2021
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Coupon: | 2.46%
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Average accepted price: | 104.79
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Yield: | 1.918%
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Auction date: | Jan. 16
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Settlement date: | Jan. 17
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