Result of the tenders of RMB Sovereign Bonds held on 5 July 2018

Tender Result

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

Tender Date

:

05 July 2018

Bonds available for Tender

:

2-year RMB Bonds

Issue Number

:

BCMKFB18016

Issue Date

:

09 July 2018

Maturity Date

:

09 July 2020 (or the closest coupon payment date)

Application Amount

:

RMB 8,492 million

Issue Amount

:

RMB 3,000 million

Average accepted Coupon Rate

:

 3.47 %

Highest accepted Coupon Rate

(Bonds’ Coupon)

:

 3.65 %

Lowest accepted Coupon Rate

:

 3.00 %

Allocation Ratio

:

Approximately 36.65 %

Tender Result

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

Tender Date

:

05 July 2018

Bonds available for Tender

:

5-year RMB Bonds

Issue Number

:

BCMKFB18017

Issue Date

:

09 July 2018

Maturity Date

:

09 July 2023 (or the closest coupon payment date)

Application Amount

:

RMB 4,043.5 million

Issue Amount

:

RMB 1,500 million

Average accepted Coupon Rate

:

 3.62 %

Highest accepted Coupon Rate

(Bonds’ Coupon)

:

 3.80 %

Lowest accepted Coupon Rate

:

 3.00 %

Allocation Ratio

:

Approximately 44.10 %