Result of tenders of People’s Bank of China RMB Bills held on September 19, 2023

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 September 19, 2023:
 

Tender Result
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Tender Date : September 19, 2023
Bills available for Tender : Six-months RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP23023
Issue Date : 21 September 2023
Maturity Date : 21 March 2024 (or the closest coupon payment date)
Application Amount : RMB 47,384 million
Issue Amount : RMB 15,000 million
Average accepted Coupon Rate : 3.04 %
Highest accepted Coupon Rate
(Bills' Coupon)
: 3.38 %
Lowest accepted Coupon Rate : 1.75 %
Allocation Ratio : Approximately 55.60 %