Timothy Morano
March 5, 2025 01:38
The Hong Kong monetary authorities announced the bid results for the 20 -year HKD agency’s bonds, showing the bid rate of 4.50 and the annual return of 3.851%.
On behalf of the Hong Kong Special Administrative Region (HKSAR), Hong Kong Monetary Authority (HKMA) revealed the bid results of the 20 -year HKD government bonds. According to HKMA, this bid was carried out on March 5, 2025.
Bidding details and results
HKMA provided a total of $ 5.5 billion in government bonds in 20 years, and the application reached $ 2.42 billion, which represents a significant interest of investors. The ratio of bidding to measure the number of bonds applied compared to issued bonds was at an impressive 4.50. Bonds have been approved at an average price of 102.44, converted to a return of 3.851%annually.
Bond specification
The bonds issued will be agreed with the problem on March 6, 2025, according to the 20GB4503001 problem and the inventory code 4290 (HKGB 3.99 4503), and will have a 3.99%coupon ratio in March 6, 2045. The minimum price for bonds is 101.62, which is a yield of 3.910%, while the average bid price is 99.13, which is 4.095%. About 39%of the proportions of the pro -Ratar represented by the applicant’s bonds were allocated.
Market context
As market participants pursue stability and predictable profits in uncertain economic situations, these bidding results are raising investors’ interest in long -term government oil securities. Strong bidding proportions emphasize the ability to manage HKSAR’s trust in financial health and long -term debt obligations.
HKMA’s successful bond issuance is consistent with a wide range of strategies that strengthen Hong Kong’s financial infrastructure and provide stable platforms to institutional investors. This movement is a global financial hub and is part of a continuous effort to improve the appeal of the region.
For more information on the bid results, you can access the Hong Kong Monetary Authority website.
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