Result of the tender of the People’s Bank of China RMB Bills held on December 18, 2024

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

     Result of the tender of the People's Bank of China RMB Bills held on December 18, 2024:
 

Tender Result
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Tender Date : December 18, 2024
Bills available for Tender : Six-Month RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24019
Issue Date : December 20, 2024
Maturity Date : June 20, 2025 (or the closest coupon payment date)
Application Amount : RMB 57,619 million
Issue Amount : RMB 20,000 million
Average accepted Coupon Rate : 2.37 per cent
Highest accepted Coupon Rate
(Bills’ Coupon)
: 2.55 per cent
Lowest accepted Coupon Rate : 2.00 per cent
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 8.01 per cent