MIL-OSI Asia-Pac: Result of tenders of RMB Sovereign Bonds held on October 16, 2024

Source: Hong Kong Government special administrative region

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

     Result of the tenders of RMB Sovereign Bonds held on October 16, 2024: 
 

Tender Result

*********************************************************************

Tender Date
:
October 16, 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
:
October 18, 2024

Maturity Date
:
March 15, 2026 (or the closest coupon payment date)

Coupon Rate
:
2.20 per cent

Application Amount
:
RMB 7,626 million

Issue Amount
:
RMB 3,000 million

Average Accepted Price
:
100.68

Lowest Accepted Price
:
100.63

Highest Accepted Price
:
100.91

Allocation Ratio (At Lowest Accepted Price)
:
Approximately 36.36 per cent

Tender Result

*********************************************************************

Tender Date
:
October 16, 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
:
October 18, 2024

Maturity Date
:
March 15, 2027 (or the closest coupon payment date)

Coupon Rate
:
2.28 per cent

Application Amount
:
RMB 8,799 million

Issue Amount
:
RMB 3,000 million

Average Accepted Price
:
101.14

Lowest Accepted Price
:
101.01

Highest Accepted Price
:
101.37

Allocation Ratio (At Lowest Accepted Price)
:
Approximately 27.05 per cent

Tender Result

*********************************************************************

Tender Date
:
October 16, 2024

Bonds available for Tender
:
5-year RMB Bonds

Issuer
:
The Ministry of Finance of the People’s Republic of China

Issue Number
:
BCMKFB24003 (Further Issuance)

Issue and Settlement Date
:
October 18, 2024

Maturity Date
:
March 15, 2029 (or the closest coupon payment date)

Coupon Rate
:
2.39 per cent

Application Amount
:
RMB 12,456 million

Issue Amount
:
RMB 2,000 million

Average Accepted Price
:
101.86

Lowest Accepted Price
:
101.72

Highest Accepted Price
:
102.49

Allocation Ratio (At Lowest Accepted Price)
:
Approximately 56.00 per cent

MIL OSI Asia Pacific News