Hong Kong – Result of tenders of People’s Bank of China RMB Bills held on December 20, 2023

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Result of tenders of People’s Bank of China RMB Bills held on December 20, 2023

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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, 2023:
 

Tender Result
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Tender Date:December 20, 2023
   
Bills available for Tender:Six-month RMB Bills
   
Issuer:The People’s Bank of China
   
Issue Number:BCHKFP23026
   
Issue Date:December 22, 2023
   
Maturity Date:June 21, 2024 (or the closest coupon payment date)
   
Application Amount:RMB 24,839 million
   
Issue Amount:RMB 5,000 million
   
Average accepted Coupon Rate:2.71 %
   
Highest accepted Coupon Rate
(Bills’ Coupon)
:2.80 %
   
Lowest accepted Coupon Rate:1.50 %
   
Allocation Ratio (At Highest accepted Coupon Rate):Approximately 40.26 %