TABLE-HK govt sells HK$2 bln 5-yr bond at 1.99 pct avg yield

HONG KONG, Nov 2 - Following are the results of the Hong Kong government's five-year bond auction held on Monday.

Issue Number 05GB1411

Issue Date Nov 3, 2009

Maturity Date Nov 3, 2014

Coupon Rate 2.07 percent

Amount Applied for Competitive Tender HK$9.111 billion

Amount Allotted for Competitive Tender HK$2.0 billion

Bid-to-Cover Ratio 4.56

Average Price (Yield) Accepted 100.41 (1.99 pct)

Lowest Price (Yield) Accepted 100.23 (2.03 pct)

Average Tender price (Yield) Accepted 100.12 (2.05 pct)

Pro-rata Ratio About 46 pct

* The bonds were expected to trade on the Stock Exchange of Hong Kong on Nov. 4, under the stock code <4202.HK>, the Hong Kong Monetary Authority said.

* This is the second institutional bond issue under a government bond programme announced earlier this year that involves three tenders.

The government sold HK$3.5 billion worth of two-year bonds in early September, the first under the programme, at an averaage yield of 0.59 percent.

The third tender, comprising HK$2.5 billion in 10-year bonds, is tentatively scheduled for Jan. 11, 2010.

For more details, double click on Reuters page <HKGBINDEX>.