Result of tenders of RMB Sovereign Bonds held on October 25, 2023

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

     Result of the tenders of RMB Sovereign Bonds held on October 25, 2023:  
     

Tender Result
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Tender Date : October 25, 2023
     
Bonds available for Tender : 2-year RMB Bonds
     
Issue Number : BCMKFB23013 (Re-open)
     
Issue and Settlement Date : October 27, 2023
     
Maturity Date : June 16, 2025 (or the closest coupon payment date)
     
Coupon Rate : 2.20 per cent
     
Application Amount : RMB 10,812 million
     
Issue Amount : RMB 4,000 million
     
Average Accepted Price : 99.44
     
Lowest Accepted Price : 99.29
     
Highest Accepted Price : 101.13
     
Allocation Ratio : Approximately 20.27 per cent

 

Tender Result
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Tender Date : October 25, 2023
     
Bonds available for Tender : 3-year RMB Bonds
     
Issue Number : BCMKFB23014 (Re-open)
     
Issue and Settlement Date : October 27, 2023
     
Maturity Date : June 16, 2026 (or the closest coupon payment date)
     
Coupon Rate : 2.30 per cent
     
Application Amount : RMB 11,495 million
     
Issue Amount : RMB 5,000 million
     
Average Accepted Price : 99.08
     
Lowest Accepted Price : 98.87
     
Highest Accepted Price : 101.94
     
Allocation Ratio : Approximately 19.88 per cent

 

Tender Result
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Tender Date : October 25, 2023
     
Bonds available for Tender : 5-year RMB Bonds
     
Issue Number : BCMKFB23019 (Re-open)
     
Issue and Settlement Date : October 27, 2023
     
Maturity Date : August 4, 2028 (or the closest coupon payment date)
     
Coupon Rate : 2.52 per cent
     
Application Amount : RMB 9,412 million
     
Issue Amount : RMB 4,000 million
     
Average Accepted Price : 98.91
     
Lowest Accepted Price : 98.54
     
Highest Accepted Price : 104.22
     
Allocation Ratio : Approximately 22.09 per cent

 

Tender Result
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Tender Date : October 25, 2023
     
Bonds available for Tender : 10-year RMB Bonds
     
Issue Number : BCMKFB23015 (Re-open)
     
Issue and Settlement Date : October 27, 2023
     
Maturity Date : June 16, 2033 (or the closest coupon payment date)
     
Coupon Rate : 2.71 per cent
     
Application Amount : RMB 7,259 million
     
Issue Amount : RMB 3,000 million
     
Average Accepted Price : 98.81
     
Lowest Accepted Price : 98.00
     
Highest Accepted Price : 108.49
     
Allocation Ratio : Approximately 37.33 per cent