By Susanna Moon
Chicago, Jan. 17 – Hong Kong Monetary Authority sold HK$1.2 billion of 1¼% government bonds due June 29, 2027 in a reopening on Wednesday.
The average price accepted was 93.72 for a yield of 1.992%, according to the term sheet. The lowest price accepted was 93.48 for a yield of 2.022%.
The amount applied was HK$4,614,000,000.
The bid-to-cover ratio is 3.84.
| Issuer: | Hong Kong Monetary Authority
|
| Issue: | Government bonds
|
| Amount: | HK$1.2 billion
|
| Maturity: | June 29, 2027
|
| Coupon: | 1¼%
|
| Average price: | 93.72
|
| Average yield: | 1.992%
|
| Auction date: | Jan. 17
|
| Settlement date: | Jan. 18
|
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