Source: Hong Kong Government special administrative region
Result of tenders of RMB Sovereign Bonds held on February 19, 2025
Result of tenders of RMB Sovereign Bonds held on February 19, 2025
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The following is issued on behalf of the Hong Kong Monetary Authority: Result of the tenders of RMB Sovereign Bonds held on February 19, 2025:
Tender Result
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Tender Date
:
February 19, 2025
Bonds available for Tender
:
2-year RMB Bonds
Issuer
:
The Ministry of Finance of the People’s Republic of China
Issue Number
:
BCMKFB25004
Issue and Settlement Date
:
February 21, 2025
Maturity Date
:
February 21, 2027 (or the closest coupon payment date)
Application Amount
:
RMB 9,899 million
Issue Amount
:
RMB 3,500 million
Average accepted Coupon Rate
:
1.69 per cent
Highest accepted Coupon Rate(Bonds’ Coupon)
:
1.75 per cent
Lowest accepted Coupon Rate
:
1.55 per cent
Allocation Ratio (At Highest accepted Coupon Rate)
:
Approximately 7.41 per cent
Tender Result
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Tender Date
:
February 19, 2025
Bonds available for Tender
:
3-year RMB Bonds
Issuer
:
The Ministry of Finance of the People’s Republic of China
Issue Number
:
BCMKFB25005
Issue and Settlement Date
:
February 21, 2025
Maturity Date
:
February 21, 2028 (or the closest coupon payment date)
Application Amount
:
RMB 8,249 million
Issue Amount
:
RMB 3,000 million
Average accepted Coupon Rate
:
1.71 per cent
Highest accepted Coupon Rate(Bonds’ Coupon)
:
1.80 per cent
Lowest accepted Coupon Rate
:
1.60 per cent
Allocation Ratio (At Highest accepted Coupon Rate)
:
Approximately 2.28 per cent
Tender Result
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Tender Date
:
February 19, 2025
Bonds available for Tender
:
5-year RMB Bonds
Issuer
:
The Ministry of Finance of the People’s Republic of China
Issue Number
:
BCMKFB25006
Issue and Settlement Date
:
February 21, 2025
Maturity Date
:
February 21, 2030 (or the closest coupon payment date)
Application Amount
:
RMB 8,055 million
Issue Amount
:
RMB 3,000 million
Average accepted Coupon Rate
:
1.81 per cent
Highest accepted Coupon Rate(Bonds’ Coupon)
:
1.88 per cent
Lowest accepted Coupon Rate
:
1.70 per cent
Allocation Ratio (At Highest accepted Coupon Rate)
:
Approximately 22.94 per cent
Tender Result
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Tender Date
:
February 19, 2025
Bonds available for Tender
:
10-year RMB Bonds
Issuer
:
The Ministry of Finance of the People’s Republic of China
Issue Number
:
BCMKFB25007
Issue and Settlement Date
:
February 21, 2025
Maturity Date
:
February 21, 2035 (or the closest coupon payment date)
Application Amount
:
RMB 6,185 million
Issue Amount
:
RMB 2,000 million
Average accepted Coupon Rate
:
2.00 per cent
Highest accepted Coupon Rate(Bonds’ Coupon)
:
2.08 per cent
Lowest accepted Coupon Rate
:
1.85 per cent
Allocation Ratio (At Highest accepted Coupon Rate)
:
Approximately 2.50 per cent
Tender Result
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Tender Date
:
February 19, 2025
Bonds available for Tender
:
30-year RMB Bonds
Issuer
:
The Ministry of Finance of the People’s Republic of China
Issue Number
:
BCMKFB25008
Issue and Settlement Date
:
February 21, 2025
Maturity Date
:
February 21, 2055 (or the closest coupon payment date)
Application Amount
:
RMB 3,336 million
Issue Amount
:
RMB 1,000 million
Average accepted Coupon Rate
:
2.27 per cent
Highest accepted Coupon Rate(Bonds’ Coupon)
:
2.37 per cent
Lowest accepted Coupon Rate
:
2.00 per cent
Allocation Ratio (At Highest accepted Coupon Rate)
:
Approximately 52.14 per cent
Ends/Wednesday, February 19, 2025Issued at HKT 12:55
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