Tender results of re-opening of 2-year RMB HKSAR Institutional Government Bonds

Source: Hong Kong Government special administrative region

Tender results of re-opening of 2-year RMB HKSAR Institutional Government Bonds      
     A total of RMB1.0 billion 2-year Government Bonds were offered today. A total of RMB13.980 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of bonds applied for to bonds issued, is 13.98. The average price accepted is 100.20, implying an annualised yield of 1.601 per cent. 
     Tender results of 2-year RMB HKSAR Institutional Government Bonds:
 

Tender Date* Calculated as the amount of bonds applied for over the amount of bonds issued.

Note: The yields stated above are annualised yields. For reference, the semi-annualised yields corresponding to the average price accepted, lowest price accepted, and average tender price are 1.595 per cent, 1.600 per cent, and 1.684 per cent respectively.
Issued at HKT 17:50

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