Chicago, June 26 – Hong Kong Monetary Authority sold HK$1.5 billion of 1.97% government bonds due Jan. 17, 2029 under the institutional bond issuance program on Wednesday.
The average price accepted was 102.60 for a yield of 1.682%, according to a term sheet. The lowest price accepted was 102.30 for a yield of 1.715%.
The amount applied was HK$5,921,000,000
The bid-to-cover ratio is 3.95.
| Issuer: | Hong Kong Monetary Authority
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| Issue: | Government bonds
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| Amount: | HK$1.5 billion
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| Maturity: | Jan. 17, 2029
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| Coupon: | 1.97%
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| Average price: | 102.60
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| Average yield: | 1.682%
|
| Auction date: | June 26
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| Settlement date: | June 27
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