Result of the tenders of the People’s Bank of China RMB Bills held on December 20, 2019

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 December 20, 2019:
 

Tender Result
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Tender Date : December 20, 2019
     
Bills available for Tender : Six-month RMB Bills
 
Issuer
 
:
 
The People’s Bank of China
Issue Number : BCHKFP19033
     
Issue Date : December 27, 2019
     
Maturity Date : June 26, 2020 (or the closest coupon payment date)
     
Application Amount : RMB 29,013 million
     
Issue Amount : RMB 10,000 million
     
Average accepted Coupon Rate :  2.83 per cent
     
Highest accepted Coupon Rate    
(Bills’ Coupon) :  2.90 per cent
     
Lowest accepted Coupon Rate :  2.60 per cent
     
Allocation Ratio : Approximately 53.08 per cent