Result of tenders of People’s Bank of China RMB Bills held on March 19, 2024

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

     Result of the tenders of the People's Bank of China RMB Bills held on March 19, 2024: 
 

Tender Result
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Tender Date : March 19, 2024
Bills available for Tender : Six-month RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24007
Issue Date : March 21, 2024
Maturity Date : September 19, 2024 (or the closest coupon payment date)
Application Amount : RMB 59,401 million
Issue Amount : RMB 25,000 million
Average accepted Coupon Rate : 2.63%
Highest accepted Coupon Rate
(Bills' Coupon)
: 2.73%
Lowest accepted Coupon Rate : 1.75%
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 74.6%

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