Around 128,000 investors signed up for HK$17.85 billion worth of bonds during the offering period that began on November 26 and ended Friday, a government spokesman said. The final issuance size is expected to be HK$17.8 billion. All figures are preliminary and could be adjusted.
The government will announce the allocation results on December 13. The bonds will be issued on December 17 and will be listed on the stock exchange the following day.
A government spokesperson attributed the lacklustre response to investors preferring to put their money into the Hong Kong initial public offering market.
Together with the HK$55 billion that was raised from a Silver Bond offering in October, the government has raised a total of HK$72.8 billion over the past two…
