Published on 2/17/2017 in the Prospect News Emerging Markets Daily.
New Issue: Hong Kong auctions HK$1.2 billion 0.99% bonds due 2019 to yield 1.01%
New York, Feb. 17 – The Hong Kong Monetary Authority sold HK$1.2 billion of 0.99% government bonds due Feb. 20, 2019 on Friday.
Hong Kong sold the bonds at an average accepted price of 99.96 for a yield of 1.01%.
The issuer received HK$4.76 billion of bids.
| Issuer: | Hong Kong
|
| Issue: | Government bonds
|
| Amount: | HK$1.2 billion
|
| Maturity: | Feb. 20, 2019
|
| Coupon: | 0.99%
|
| Average price: | 99.96
|
| Average yield: | 1.01%
|
| Auction date: | Feb. 17
|
| Settlement date: | Feb. 20
|
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