By Wendy Van Sickle
Columbus, Ohio July 15 – The Hong Kong Monetary Authority sold HK$600 million of government bonds due 2030 in an auction on Wednesday.
Hong Kong sold the 2.13% bonds at an average price of 98.19 for a yield of 2.286%.
Bids were received for HK$1.65 billion.
The bid-to-cover ratio was 2.76.
| Issuer: | Hong Kong
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| Issue: | Government bonds
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| Amount: | HK$600 million
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| Maturity: | July 16, 2030
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| Coupon: | 2.13%
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| Average price: | 98.19
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| Average yield: | 2.286%
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| Auction date: | July 15
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| Settlement date: | July 16
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