Works of D. Tsiklauri, T. Haruki, Phys. of Plasmas, 15, 102902 (2008) and D. Tsiklauri and T. Haruki, Phys. of Plasmas, 14, 112905, (2007) are extended by inclusion of the out-of-plane magnetic (guide) field. In particular, magnetic reconnection during collisionless, stressed $X$-point collapse for varying out-of-plane guide-fields is studied using a kinetic, 2.5D, fully electromagnetic, relativistic particle-in-cell numerical code. Cases for both open and closed boundary conditions are investigated, where magnetic flux and particles are lost and conserved respectively. It is found that reconnection rates and out-of-plane currents in the $X$-point increase more rapidly and peak sooner in the closed boundary case, but higher values are reached in the open boundary case. The normalized reconnection rate is fast: 0.10-0.25. In the open boundary case an increase of guide-field yields later onsets in the reconnection peak rates, while in the closed boundary case initial peak rates occur sooner but are suppressed. The reconnection current increases for low guide-fields but then decreases similarly. In the open boundary case, for guide-fields of the order of the in-plane magnetic field, the generation of electron vortices occurs. Possible causes of the vortex generation, based on the flow of particles in the diffusion region and localized plasma heating, are discussed. Before peak reconnection onset, oscillations in the out-of-plane electric field at the $X$-point are found, ranging in frequency from approximately 1 to 2 $omega_{pe}$ and coinciding with oscillatory reconnection. These oscillations are found to be part of a larger wave pattern. Mapping the out-of-plane electric field over time and applying 2D Fourier transforms reveals that the waves predominantly correspond to the ordinary mode and may correspond to observable radio waves such as solar radio burst fine structure spikes.
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