By Susanna Moon
Chicago, Feb. 15 – Hong Kong Monetary Authority sold HK$1.2 billion of 1.31% exchange fund notes due 2020 in a tender on Thursday.
The average price accepted was 100.25 for a yield of 1.18%, according to the term sheet. The lowest price accepted was 100.18 for a yield of 1.22%. The average tender price was 100.1 for a yield of 1.26%.
The amount applied was HK$9,579,000,000.
The pro rata ratio was about 99%.
| Issuer: | Hong Kong Monetary Authority
|
| Issue: | Government bonds
|
| Amount: | HK$1.2 billion
|
| Maturity: | Feb. 20, 2020
|
| Coupon: | 1.31%
|
| Average price: | 100.25
|
| Average yield: | 1.18%
|
| Auction date: | Feb. 15
|
| Settlement date: | Feb. 20
|
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