Result of tender of People’s Bank of China RMB Bills held on June 19, 2024

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

     Result of the tender of the People's Bank of China RMB Bills held on June 19, 2024​:
 

Tender Result
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Tender Date : June 19, 2024
Bills available for Tender : Six-month RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24012
Issue Date : June 21, 2024
Maturity Date : December 20, 2024 (or the closest coupon payment date)
Application Amount : RMB 51,860 million
Issue Amount : RMB 20,000 million
Average accepted Coupon Rate : 2.49 per cent
Highest accepted Coupon Rate
(Bills’ Coupon)
: 2.59 per cent
Lowest accepted Coupon Rate : 1.75 per cent
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 35.30 per cent