Tender results of 10-year RMB HKSAR Institutional Government Bonds

Tender results of 10-year RMB HKSAR Institutional Government Bonds 
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender for 10-year RMB institutional Government Bonds (issue number 10GB3505001) under the Infrastructure Bond Programme was held today (May 13).
 
A total of RMB1.0 billion 10-year Government Bonds were offered today. A total of RMB6.814 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 6.81. The average price accepted is 101.91, implying an annualised yield of 2.088 per cent.

HKSAR Institutional Government Bonds Tender Results
 
Tender results of 10-year RMB HKSAR Institutional Government Bonds: