Result of tenders of People’s Bank of China RMB Bills held on March 22, 2022

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 March 22, 2022:
 

Tender Result
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Tender date : March 22, 2022
     
Bills available for tender : Six-month RMB Bills
     
Issuer :  The People's Bank of China
     
Issue number : BCHKFP22004
     
Issue date : March 24, 2022
     
Maturity date : September 22, 2022 (or the closest coupon payment date)
     
Application amount : RMB 22,160 million
     
Issue amount : RMB 5,000 million
     
Average accepted Coupon Rate : 2.43 per cent
     
Highest accepted Coupon Rate
(Bills' Coupon)
: 2.60 per cent
     
Lowest accepted Coupon Rate : 1.90 per cent
     
Allocation ratio : Approximately 65.12 per cent