Result of the tenders of the People's Bank of China RMB Bills held on 7 November 2018

Tender Result

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

Tender Date

:

07 November 2018

Bills available for Tender

:

Three-month RMB Bills

Issuer

:

:

The People’s Bank of China

Issue Number

:

BCMKFP18022

Issue Date

:

09 November 2018

Maturity Date

:

08 February 2019 (or the closest coupon payment date)

Application Amount

:

RMB 42,615 million

Issue Amount

:

RMB 10,000 million

Average accepted Coupon Rate

:

 3.42 %

Highest accepted Coupon Rate

(Bills’ Coupon)

:

 3.79 %

Lowest accepted Coupon Rate

:

 2.50 %

Allocation Ratio

:

Approximately 34.87 %

Tender Result

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

Tender Date

:

07 November 2018

Bills available for Tender

:

One-year RMB Bills

Issuer

:

:

The People’s Bank of China

Issue Number

:

BCMKFP18023

Issue Date

:

09 November 2018

Maturity Date

:

09 November 2019 (or the closest coupon payment date)

Application Amount

:

RMB 32,855 million

Issue Amount

:

RMB 10,000 million

Average accepted Coupon Rate

:

 3.88 %

Highest accepted Coupon Rate

(Bills’ Coupon)

:

 4.20 %

Lowest accepted Coupon Rate

:

 2.80 %

Allocation Ratio

:

Approximately 46.99 %