The Government today announced the subscription and allocation results for its retail infrastructure bond.

In all, 127,594 valid applications were received for a total of $17.77 billion in principal amounts of bonds.

Applicants seeking 100 or fewer lots will be awarded in full, while those seeking more than 100 lots will be awarded the maximum principal allocation amount of 100 lots.

The bonds will be issued on December 17 and listed on the Hong Kong Stock Exchange the next day.

The final issue amount is $17.73 billion.