Result of tenders of RMB Sovereign Bonds held on August 14, 2024
The following is issued on behalf of the Hong Kong Monetary Authority:
Result of the tenders of RMB Sovereign Bonds held on August 14, 2024:
| Tender Result | ||
| ********************************************************************* | ||
| Tender Date | : | August 14, 2024 |
| Bonds available for Tender | : | 2-year RMB Bonds |
| Issuer | : | The Ministry of Finance of the People's Republic of China |
| Issue Number | : | BCMKFB24001 (Further Issuance) |
| Issue and Settlement Date | : | August 16, 2024 |
| Maturity Date | : | March 15, 2026 (or the closest coupon payment date) |
| Coupon Rate | : | 2.20 per cent |
| Application Amount | : | RMB 10,458 million |
| Issue Amount | : | RMB 3,000 million |
| Average Accepted Price | : | 100.43 |
| Lowest Accepted Price | : | 100.39 |
| Highest Accepted Price | : | 100.78 |
| Allocation Ratio (At Lowest Accepted Price) | : | Approximately 53.85 per cent |
| ********************************************************************* | ||
| Tender Date | : | August 14, 2024 |
| Bonds available for Tender | : | 3-year RMB Bonds |
| Issuer | : | The Ministry of Finance of the People's Republic of China |
| Issue Number | : | BCMKFB24002 (Further Issuance) |
| Issue and Settlement Date | : | August 16, 2024 |
| Maturity Date | : | March 15, 2027 (or the closest coupon payment date) |
| Coupon Rate | : | 2.28 per cent |
| Application Amount | : | RMB 10,889 million |
| Issue Amount | : | RMB 3,000 million |
| Average Accepted Price | : | 100.75 |
| Lowest Accepted Price | : | 100.70 |
| Highest Accepted Price | : | 101.33 |
| Allocation Ratio (At Lowest Accepted Price) | : | Approximately 92.95 per cent |
| ********************************************************************* | ||
| Tender Date | : | August 14, 2024 |
| Bonds available for Tender | : | 10-year RMB Bonds |
| Issuer | : | The Ministry of Finance of the People's Republic of China |
| Issue Number | : | BCMKFB24004 (Further Issuance) |
| Issue and Settlement Date | : | August 16, 2024 |
| Maturity Date | : | March 15, 2034 (or the closest coupon payment date) |
| Coupon Rate | : | 2.45 per cent |
| Application Amount | : | RMB 9,009 million |
| Issue Amount | : | RMB 3,000 million |
| Average Accepted Price | : | 100.99 |
| Lowest Accepted Price | : | 100.60 |
| Highest Accepted Price | : | 104.80 |
| Allocation Ratio (At Lowest Accepted Price) | : | Approximately 89.26 per cent |