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Published on 9/7/2016 in the Prospect News Emerging Markets Daily.

New Issue: Hong Kong auctions HK$600 million of 2.13% 15-year government bonds

By Tali Rackner

Norfolk, Va., Sept. 7 – The Hong Kong Monetary Authority sold HK$600 million of 15-year government bonds in a reopening on Wednesday.

Hong Kong sold the 2.13% bonds at an average accepted price of 114.97 for a yield of 0.974%.

Bids were received for HK$2,615,000,000.

Issuer:Hong Kong
Issue:Government bonds
Amount:HK$600 million
Maturity:July 16, 2030
Coupon:2.13%
Average price:114.97
Average yield:0.974%
Auction date:Sept. 7
Settlement date:Sept. 8

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