The Hong Kong Monetary Authority reveals the results of the reopening of 5 -year bonds
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Hong Kong Monetary Authority has announced the successful call for tenders for the reopening of institutional state bonds at 5 years, reporting a 6.25 submission / coverage ratio.
The Hong Kong Monetary Authority (HKMA), representing the Hong Kong Special Administrative Government, announced the results of the recent call for tenders for the reopening of the obligations of the institutional government 5 years from Hong Kong (HKD). Held on March 5, 2025, the call for tenders aroused significant interest in investors, according to the Hong Kong Monetary Authority.
High demand for bonds
A total of 1.5 billion HK in bonds was proposed, with an HK of $ 9.375 billion in substantial candidacy for calls for tenders. This resulted in a 6.25 coverage auction ratio, indicating a robust demand among institutional investors. The average price accepted was 99.80, which corresponds to an annualized return of 3.301%.
Key details of the bond issue
The obligations, identified by the emission number 05GB2912001, were reopened as part of the infrastructure bond program. They bear a coupon rate of 3.23% and should mature on December 5, 2029. The date of issue and settlement was noted on March 6, 2025.
The results of the call for tenders also highlighted the lowest price accepted at 99.55, which made 3.360%, with a pro-rata ratio of approximately 51%. The average tender price was recorded at 99.33, which made 3.412%.
Implications and market context
This high level of interest in HKD obligations reflects a stable confidence of investors in the economic perspectives of Hong Kong and the government’s budgetary policies. The reopening of this bond issue is part of a broader strategy to support the development of infrastructure and effectively manage public debt.
On a global scale, the bond markets have been closely monitored due to the fluctuation of interest rates and post-countryic economic recovery prospects. The successful HKMA program suggests a positive feeling of Hong Kong’s budgetary health and its strategic financial initiatives.
Hong Kong Monetary Authority has announced the successful call for tenders for the reopening of institutional state bonds at 5 years, reporting a 6.25 submission / coverage ratio.
The Hong Kong Monetary Authority (HKMA), representing the Hong Kong Special Administrative Government, announced the results of the recent call for tenders for the reopening of the obligations of the institutional government 5 years from Hong Kong (HKD). Held on March 5, 2025, the call for tenders aroused significant interest in investors, according to the Hong Kong Monetary Authority.
High demand for bonds
A total of 1.5 billion HK in bonds was proposed, with an HK of $ 9.375 billion in substantial candidacy for calls for tenders. This resulted in a 6.25 coverage auction ratio, indicating a robust demand among institutional investors. The average price accepted was 99.80, which corresponds to an annualized return of 3.301%.
Key details of the bond issue
The obligations, identified by the emission number 05GB2912001, were reopened as part of the infrastructure bond program. They bear a coupon rate of 3.23% and should mature on December 5, 2029. The date of issue and settlement was noted on March 6, 2025.
The results of the call for tenders also highlighted the lowest price accepted at 99.55, which made 3.360%, with a pro-rata ratio of approximately 51%. The average tender price was recorded at 99.33, which made 3.412%.
Implications and market context
This high level of interest in HKD obligations reflects a stable confidence of investors in the economic perspectives of Hong Kong and the government’s budgetary policies. The reopening of this bond issue is part of a broader strategy to support the development of infrastructure and effectively manage public debt.
On a global scale, the bond markets have been closely monitored due to the fluctuation of interest rates and post-countryic economic recovery prospects. The successful HKMA program suggests a positive feeling of Hong Kong’s budgetary health and its strategic financial initiatives.
Hong Kong Monetary Authority has announced the successful call for tenders for the reopening of institutional state bonds at 5 years, reporting a 6.25 submission / coverage ratio.
The Hong Kong Monetary Authority (HKMA), representing the Hong Kong Special Administrative Government, announced the results of the recent call for tenders for the reopening of the obligations of the institutional government 5 years from Hong Kong (HKD). Held on March 5, 2025, the call for tenders aroused significant interest in investors, according to the Hong Kong Monetary Authority.
High demand for bonds
A total of 1.5 billion HK in bonds was proposed, with an HK of $ 9.375 billion in substantial candidacy for calls for tenders. This resulted in a 6.25 coverage auction ratio, indicating a robust demand among institutional investors. The average price accepted was 99.80, which corresponds to an annualized return of 3.301%.
Key details of the bond issue
The obligations, identified by the emission number 05GB2912001, were reopened as part of the infrastructure bond program. They bear a coupon rate of 3.23% and should mature on December 5, 2029. The date of issue and settlement was noted on March 6, 2025.
The results of the call for tenders also highlighted the lowest price accepted at 99.55, which made 3.360%, with a pro-rata ratio of approximately 51%. The average tender price was recorded at 99.33, which made 3.412%.
Implications and market context
This high level of interest in HKD obligations reflects a stable confidence of investors in the economic perspectives of Hong Kong and the government’s budgetary policies. The reopening of this bond issue is part of a broader strategy to support the development of infrastructure and effectively manage public debt.
On a global scale, the bond markets have been closely monitored due to the fluctuation of interest rates and post-countryic economic recovery prospects. The successful HKMA program suggests a positive feeling of Hong Kong’s budgetary health and its strategic financial initiatives.
خد اخر كلمة من اخر سطر في المقال وجمعها خدها كوبي فقط وضعها في المكان المناسب في القوسين بترتيب المهام لتجميع الجملة الاخيرة بشكل صحيح لإرسال لك 25 الف مشاهدة لاي فيديو تيك توك بدون اي مشاكل اذا كنت لا تعرف كيف تجمع الكلام وتقدمة بشكل صحيح للمراجعة شاهد الفيديو لشرح عمل المهام من هنا
