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

Hong Kong - Result of tenders of People's Bank of China RMB Bills held on December 20, 2023 thumbnail

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 %