Hong Kong – Tender for re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme to be held on July 19
Tender for re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme to be held on July 19
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The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (July 10) that a tender of 10-year Government Bonds (Bonds) through the re-opening of existing 15-year Government Bond issue 15GB3403 under the Institutional Bond Issuance Programme will be held on Wednesday, July 19, 2023, for settlement on Thursday, July 20, 2023.
An additional amount of HK$1.5 billion of the outstanding 15-year Bonds (issue no. 15GB3403) will be on offer. The Bonds will mature on March 7, 2034, and will carry interest at the rate of 2.02 per cent per annum payable semi-annually in arrears. The Indicative Pricings of the Bonds on July 10, 2023, are 84.22 with an annualised yield of 3.875 per cent.
Under the Institutional Bond Issuance Programme, tender is open only to Recognized Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, the Refinitiv screen (HKGBINDEX), and Bloomberg (GBHK
HKSAR Government Institutional Bond Issuance Programme Tender Information
—————————————————————————————–
Tender information of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
| Issue Number | : | 15GB3403 (Re-open) |
| Stock Code | : | 4237 (HKGB 2.02 3403) |
| Tender Date and Time | : | Wednesday, 19 July 2023 9:30 am to 10:30 am |
| Issue and Settlement Date for Tender Amount | : | Thursday, 20 July 2023 |
| Amount on Offer | : | HK$1.5 billion |
| Maturity | : | 10 years |
| Remaining Maturity | : | Approximately 10.64 years |
| Maturity Date | : | 7 March 2034 |
| Interest Rate | : | 2.02% p.a. payable semi-annually in arrears |
| Interest Payment Dates | : | 7 September 2023 7 March 2024 9 September 2024 7 March 2025 8 September 2025 9 March 2026 7 September 2026 8 March 2027 7 September 2027 7 March 2028 7 September 2028 7 March 2029 7 September 2029 7 March 2030 9 September 2030 7 March 2031 8 September 2031 8 March 2032 7 September 2032 7 March 2033 7 September 2033 7 March 2034 |
| Method of Tender | : | Competitive tender |
| Tender Amount | : | Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list. The accrued interest to be paid by successful bidders on the issue date (20 July 2023) for the tender amount is HK$373.56 per minimum denomination of HK$50,000. (The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding). |
| Other Details | : | Please see Information Memorandum available on the Hong Kong Government Bonds website at www.hkgb.gov.hk or approach Primary Dealers. |
| Expected commencement date of dealing on the Stock Exchange of Hong Kong Limited |
: | The tender amount is fully fungible with the existing 15GB3403 (Stock code: 4237) listed on the Stock Exchange of Hong Kong. |
Price/Yield Table of the Government Bonds at tender (for reference only*):
| Yield-to-Maturity | Price | Yield-to-Maturity | Price |
| 2.875 | 92.39 | 3.875 | 84.25 |
| 2.925 | 91.96 | 3.925 | 83.87 |
| 2.975 | 91.54 | 3.975 | 83.48 |
| 3.025 | 91.11 | 4.025 | 83.10 |
| 3.075 | 90.69 | 4.075 | 82.72 |
| 3.125 | 90.27 | 4.125 | 82.35 |
| 3.175 | 89.86 | 4.175 | 81.97 |
| 3.225 | 89.44 | 4.225 | 81.60 |
| 3.275 | 89.03 | 4.275 | 81.23 |
| 3.325 | 88.62 | 4.325 | 80.86 |
| 3.375 | 88.21 | 4.375 | 80.50 |
| 3.425 | 87.80 | 4.425 | 80.13 |
| 3.475 | 87.40 | 4.475 | 79.77 |
| 3.525 | 87.00 | 4.525 | 79.41 |
| 3.575 | 86.60 | 4.575 | 79.05 |
| 3.625 | 86.20 | 4.625 | 78.70 |
| 3.675 | 85.81 | 4.675 | 78.34 |
| 3.725 | 85.42 | 4.725 | 77.99 |
| 3.775 | 85.02 | 4.775 | 77.64 |
| 3.825 | 84.64 | 4.825 | 77.29 |
| 3.875 | 84.25 | 4.875 | 76.94 |
* Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Tender for re-opening of 10-year Government Bonds under Institutional Bond Issuance Programme to be held on April 26
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The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (April 19) that a tender of three-year Government Bonds (Bonds) through the re-opening of existing 10-year Government Bond issue 10GB2601 under the Institutional Bond Issuance Programme will be held on April 26, 2023 (Wednesday), for settlement on April 27, 2023 (Thursday).
HKSAR Government Institutional Bond Issuance Programme Tender Information
Price/Yield Table of the Government Bonds at tender for reference* only:
* Disclaimer: The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
Tender for re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme to be held on September 8
****************************************************************************************** The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announces today (August 30) that a tender of 15-year Government Bonds (Bonds) through the re-opening of existing 15-year Government Bond issue 15GB3603 under the Institutional Bond Issuance Programme will be held on September 8 (Wednesday), for settlement on September 9 (Thursday). HKSAR Government Institutional Bond Issuance Programme Tender Information
Hong Kong – Tender for re-opening of 10-year Government Bonds under Institutional Bond Issuance Programme to be held on April 26
The following is issued on behalf of the Hong Kong Monetary Authority:
An additional amount of HK$5.0 billion of the outstanding 10-year Bonds (issue no. 10GB2601) will be on offer. The Bonds will mature on January 21, 2026 and will carry interest at the rate of 1.68 per cent per annum payable semi-annually in arrears. The Indicative Pricings of the Bonds on April 19, 2023 are 95.79 with an annualised yield of 3.322 per cent.
Under the Institutional Bond Issuance Programme, tender is open only to Recognized Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, the Refinitiv screen (HKGBINDEX), and Bloomberg (GBHK
—————————————————————————————–
Tender information of re-opening of 10-year Government Bonds under the Institutional Bond Issuance Programme:
Issue number
:
10GB2601 (Re-open)
Stock code
:
4230 (HKGB 1.68 2601)
Tender date and time
:
April 26, 2023 (Wednesday)
9.30am to 10.30am
Issue and settlement date for tender amount
:
April 27, 2023 (Thursday
Amount on offer
:
HK$5.0 billion
Maturity
:
Three years
Remaining maturity
:
Approximately 2.74 years
Maturity date
:
January 21, 2026
Interest rate
:
1.68% p.a. payable semi-annually in arrears
Interest payment dates
:
July 21, 2023
January 22, 2024
July 22, 2024
January 21, 2025
July 21, 2025
January 21, 2026
Method of tender
:
Competitive tender
Tender amount
:
Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list.
The accrued interest to be paid by successful bidders on the issue date (April 27, 2023) for the tender amount is HK$209.42 per minimum denomination of HK$50,000.
(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other details
:
Please see Information Memorandum available on the Hong Kong Government Bonds website at www.hkgb.gov.hk or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited:
The tender amount is fully fungible with the existing 10GB2601 (Stock code: 4230) listed on the Stock Exchange of Hong Kong.
Yield-to-Maturity
Price
Yield-to-Maturity
Price
2.322
98.34
3.322
95.80
2.372
98.21
3.372
95.68
2.422
98.08
3.422
95.56
2.472
97.95
3.472
95.43
2.522
97.83
3.522
95.31
2.572
97.70
3.572
95.18
2.622
97.57
3.622
95.06
2.672
97.44
3.672
94.94
2.722
97.32
3.722
94.82
2.772
97.19
3.772
94.69
2.822
97.06
3.822
94.57
2.872
96.93
3.872
94.45
2.922
96.81
3.922
94.33
2.972
96.68
3.972
94.20
3.022
96.56
4.022
94.08
3.072
96.43
4.072
93.96
3.122
96.30
4.122
93.84
3.172
96.18
4.172
93.72
3.222
96.05
4.222
93.60
3.272
95.93
4.272
93.48
3.322
95.80
4.322
93.36
Hong Kong – Tender for re-opening of 15-year Government Bonds under Institutional Bond Issuance Programme to be held on September 8
The following is issued on behalf of the Hong Kong Monetary Authority:
An additional amount of HK$1.0 billion of the outstanding 15-year Bonds (issue number 15GB3603) will be on offer. The Bonds will mature on March 4, 2036 and will carry interest at the rate of 1.59 per cent per annum payable semi-annually in arrears. The Indicative Pricings of the Bonds on August 30 is 102.91 with an annualised yield of 1.374 per cent.
Under the Institutional Bond Issuance Programme, tender is open only to Recognized Dealers which are appointed as Primary Dealers. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the current published list, which can be obtained from the Government Bond Programme’s website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender results will be published on the HKMA’s website, the Government Bond Programme’s website, the Reuters screen (HKGBINDEX), and Bloomberg (GBHK
—————————————————————————————–
Tender information of re-opening of 15-year Government Bonds under the Institutional Bond Issuance Programme:
Issue Number
:
15GB3603 (Re-open)
Stock code
:
4244 (HKGB 1.59 3603)
Tender Date and Time
:
September 8, 2021 (Wednesday)
9.30 am to 10.30 am
Issue and Settlement Date for tender amount
:
September 9, 2021 (Thursday)
Amount on Offer
:
HK$1.0 billion
Maturity
:
15 years
Remaining Maturity
:
Approximately 14.49 years
Maturity Date
:
March 4, 2036
Interest Rate
:
1.59 per cent p.a. payable semi-annually in arrears
Interest Payment Dates
:
March 4,2022
September 5, 2022
March 6, 2023
September 4, 2023
March 4, 2024
September 4, 2024
March 4, 2025
September 4, 2025
March 4, 2026
September 4, 2026
March 4, 2027
September 6, 2027
March 6, 2028
September 4, 2028
March 5, 2029
September 4, 2029
March 4, 2030
September 4, 2030
March 4, 2031
September 4, 2031
March 4, 2032
September 6, 2032
March 4, 2033
September 5, 2033
March 6, 2034
September 4, 2034
March 5, 2035
September 4, 2035
March 4, 2036
Method of Tender
:
Competitive tender
Tender Amount
:
Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the current published list.
The accrued interest to be paid by successful bidders on the issue date (September 9, 2021) for the tender amount is HK$6.53 per minimum denomination of HK$50,000.
(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other details
:
Please see Information Memorandum available on the Government Bond Programme’s website at www.hkgb.gov.hk or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited:
The tender amount is fully fungible with the existing 15GB3603 (Stock code: 4244) listed on the Stock Exchange of Hong Kong.
Price/Yield Table of the re-opening Government Bonds at tender for reference* only:
Yield-to-Maturity
Price
Yield-to-Maturity
Price
0.374
117.14
1.374
102.89
0.424
116.37
1.424
102.23
0.474
115.61
1.474
101.58
0.524
114.86
1.524
100.93
0.574
114.12
1.574
100.29
0.624
113.37
1.624
99.65
0.674
112.64
1.674
99.01
0.724
111.91
1.724
98.38
0.774
111.18
1.774
97.76
0.824
110.46
1.824
97.14
0.874
109.75
1.874
96.52
0.924
109.04
1.924
95.91
0.974
108.34
1.974
95.30
1.024
107.64
2.024
94.70
1.074
106.95
2.074
94.10
1.124
106.26
2.124
93.50
1.174
105.57
2.174
92.91
1.224
104.90
2.224
92.33
1.274
104.22
2.274
91.75
1.324
103.55
2.324
91.17
1.374
102.89
2.374
90.60
* Disclaimer
The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here.
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