Tender results of one-year HONIA-indexed Floating Rate Notes under Institutional Bond Issuance Programme
The following is issued on behalf of the Hong Kong Monetary Authority:
The Hong Kong Monetary Authority, as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced that a tender of one-year HONIA-indexed Floating Rate Notes (issue number 01GH2508) under the Institutional Bond Issuance Programme was held today (August 14).
A total of HK$1.5 billion one-year HONIA-indexed Floating Rate Notes were allocated today. A total of HK$6.840 billion tender applications were received. The bid-to-cover ratio, i.e. the ratio of notes applied for to notes issued, is 4.56. The highest spread accepted is 0.22 per cent.
HKSAR Government Institutional Bond Issuance Programme Government Bond tender results
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Tender results of one-year HONIA-indexed Floating Rate Notes under the Institutional Bond Issuance Programme:
Tender Date
:
August 14, 2024
Issue Number
:
01GH2508
Stock Code
:
4282 (HKGB FRN 2508)
Issue and Settlement Date
:
August 15, 2024
Tenor
:
One-year
Maturity Date
:
August 15, 2025
Amount Applied
:
HK$6.840 billion
Amount Allotted
:
HK$1.5 billion
Bid-to-Cover Ratio*
:
4.56
Highest Spread Accepted
:
0.22 per cent
Average Spread Accepted
:
0.17per cent
Pro-rata Ratio
:
About 8per cent
Average Tender Spread
:
0.32per cent
* Calculated as the amount of notes applied for over the amount of notes issued.
Source: AI-generated images
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day
The Civil Aid Service (CAS) held the Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day at the CAS Yuen Tun Camp today (September 18). The event was officiated by the District Officer (Tsuen Wan), Mr Billy Au, and the Chairman of the Tsuen Wan Rural Committee, Mr Yau Kam-ping.
Located in Yuen Tun Tsuen, Tsing Lung Tau, Tsuen Wan, the history of Chung Old House can be traced back to the 1780s, when the Chung family used to live and farm in the area of Yuen Tun. In 1973, the Yuen Tung site was allocated by the Government to the CAS and has been used for training purposes since then. The Chung Old House was revitalised as a national museum in 1981, and was classified as a Grade 3 historic building in 2010. At present, the Chung Old House still possesses its original architectural features, and retains a collection of agricultural and household artefacts.
In celebration of the 75th anniversary of the founding of the People's Republic of China, the CAS held an open day for the public to visit the Chung Old House to deepen their understanding of the local history and reflect on how Chinese culture could be preserved in modern society. More than 200 Tsuen Wan residents, retired CAS members and CAS cadets participated in the event, during which the CAS Volunteer Team provided assistance.
Addressing the event, Mr Au said it is a meaningful occasion for the public not only to celebrate the National Day, but also explore the roots of the nation and learn more about its history and culture so that the tradition can be preserved and thrive. He encouraged the public to preserve and cherish the precious cultural heritage together.
Also speaking at the event, the Chief Staff Officer of the CAS, Mr Leung Kwun-hong, said the CAS Yuen Tun Camp built in 1977 has been a vital training facility and an important cradle for future CAS talent and Hong Kong society. He said that the CAS hopes to promote national spirit through the appreciation of historical buildings and cultural legacies during the Open Day.
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day Source: HKSAR Government Press Releases
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day Source: HKSAR Government Press Releases
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day Source: HKSAR Government Press Releases
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day Source: HKSAR Government Press Releases
CAS holds Celebrating the National Day and Exploring the Past: Yuen Tun Chung Old House Museum Open Day Source: HKSAR Government Press Releases
