Result of the tenders of RMB Sovereign Bonds held on June 5, 2024

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The following is issued on behalf of the Hong Kong Monetary Authority:

      Result of the tenders of RMB Sovereign Bonds held on 5 June 5, 2024:
 

Tender Result
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Tender Date : June 5, 2024
Bonds available for Tender : 2-year RMB Bonds
Issuer : The Ministry of Finance of the People's Republic of China
Issue Number : BCMKFB24001 (Further Issuance)
Issue and Settlement Date : June 7, 2024
Maturity Date : March 15, 2026 (or the closest coupon payment date)
Coupon Rate : 2.20 per cent
Application Amount : RMB 8,739 million
Issue Amount : RMB 3,000 million
Average Accepted Price : 100.18
Lowest Accepted Price : 100.09
Highest Accepted Price : 100.69
Allocation Ratio (At Lowest Accepted Price) : Approximately 17.45 per cent

 

Tender Result
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Tender Date : June 5, 2024
Bonds available for Tender : 3-year RMB Bonds
Issuer : The Ministry of Finance of the People's Republic of China
Issue Number : BCMKFB24002 (Further Issuance)
Issue and Settlement Date : June 7, 2024
Maturity Date : March 15, 2027 (or the closest coupon payment date)
Coupon Rate : 2.28 per cent
Application Amount : RMB 9,624 million
Issue Amount : RMB 3,000 million
Average Accepted Price : 100.41
Lowest Accepted Price : 100.26
Highest Accepted Price : 101.15
Allocation Ratio (At Lowest Accepted Price) : Approximately 65.00 per cent

 

Tender Result
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Tender Date : June 5, 2024
Bonds available for Tender : 5-year RMB Bonds
Issuer : The Ministry of Finance of the People's Republic of China
Issue Number : BCMKFB24003 (Further Issuance)
Issue and Settlement Date : June 7, 2024
Maturity Date : March 15, 2029 (or the closest coupon payment date)
Coupon Rate : 2.39 per cent
Application Amount : RMB 8,908 million
Issue Amount : RMB 3,000 million
Average Accepted Price : 100.69
Lowest Accepted Price : 100.41
Highest Accepted Price : 102.22
Allocation Ratio (At Lowest Accepted Price) : Approximately 37.96 per cent

 

Tender Result
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Tender Date : June 5, 2024
Bonds available for Tender : 10-year RMB Bonds
Issuer : The Ministry of Finance of the People's Republic of China
Issue Number : BCMKFB24004 (Further Issuance)
Issue and Settlement Date : June 7, 2024
Maturity Date : March 15, 2034 (or the closest coupon payment date)
Coupon Rate : 2.45 per cent
Application Amount : RMB 5,466 million
Issue Amount : RMB 2,000 million
Average Accepted Price : 100.88
Lowest Accepted Price : 100.00
Highest Accepted Price : 104.88
Allocation Ratio (At Lowest Accepted Price) : Approximately 6.99 per cent

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