Result of tenders of People’s Bank of China RMB Bills held on August 21, 2024

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

     â€‹Result of the tenders of the People's Bank of China RMB Bills held on August 21, 2024: 
 

Tender Result
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Tender Date : August 21, 2024
Bills available for Tender : Three-month RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24013
Issue Date : August 23, 2024
Maturity Date : November 22, 2024 (or the closest coupon payment date)
Application Amount : RMB64,993 million
Issue Amount : RMB30,000 million
Average accepted Coupon Rate : 1.75 per cent
Highest accepted Coupon Rate
(Bills' Coupon)
: 1.88 per cent
Lowest accepted Coupon Rate : 1.50 per cent
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 23.80 per cent

 

Tender Result
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Tender Date : August 21, 2024
Bills available for Tender : One-year RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24014
Issue Date : August 23, 2024
Maturity Date : August 23, 2025 (or the closest coupon payment date)
Application Amount : RMB43,991 million
Issue Amount : RMB15,000 million
Average accepted Coupon Rate : 1.85 per cent
Highest accepted Coupon Rate
(Bills' Coupon)
: 1.90 per cent
Lowest accepted Coupon Rate : 1.75 per cent
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 53.83 per cent

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