, Hong Kong
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HKMA holds $1b tender for 10-Year Government Bonds

Total tender applications amounted to $5.448b.

The Hong Kong Monetary Authority held a tender for $1b in 10-year HKD institutional Government Bonds on 5 November, according to a press release.

The bonds were reopened under the existing issue within the Infrastructure Bond Programme.

Total tender applications amounted to $5.448b, resulting in a bid-to-cover ratio of 5.45.

The average accepted price for the bonds was 102.55, which corresponds to an annualised yield of 2.888%.
 

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