By Sarah Lizee
Olympia, Wash., March 7 – Hong Kong Monetary Authority sold HK$600 million of 1.89% government bonds due March 2, 2032 in a reopening on Wednesday.
The average price accepted was 96.33 for a yield of 2.209%, according to a term sheet. The lowest price accepted was 96.11 for a yield of 2.227%.
The amount applied was HK$2,561,000,000.
The bid-to-cover ratio is 4.27.
| Issuer: | Hong Kong Monetary Authority
|
| Issue: | Government bonds
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| Amount: | HK$600 million
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| Maturity: | March 2, 2032
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| Coupon: | 1.89%
|
| Average price: | 96.33
|
| Average yield: | 2.209%
|
| Auction date: | March 7
|
| Settlement date: | March 8
|
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