Results of the tenders of RMB Sovereign Bonds held on 20 Nov 2014

Tender Date

:

20 November 2014

Bonds available for Tender

:

3-year RMB Bonds

Issue Number

:

BCMKFB14092

Issue Date

:

21 November 2014

Maturity Date

:

21 November 2017 (or the closest coupon payment date)

Application Amount

:

RMB 17,293 million

Issue Amount

:

RMB 4,000 million

Average accepted Coupon Rate

:

2.66 %

Highest accepted Coupon Rate(Bonds’ Coupon)

:

2.74 %

Lowest accepted Coupon Rate

:

2.20 %

Allocation Ratio

:

Approximately 78.00 %

Tender Date

:

20 November 2014

Bonds available for Tender

:

5-year RMB Bonds

Issue Number

:

BCMKFB14093

Issue Date

:

21 November 2014

Maturity Date

:

21 November 2019 (or the closest coupon payment date)

Application Amount

:

RMB 8,969 million

Issue Amount

:

RMB 3,000 million

Average accepted Coupon Rate

:

2.91 %

Highest accepted Coupon Rate(Bonds’ Coupon)

:

3.00 %

Lowest accepted Coupon Rate

:

2.40 %

Allocation Ratio

:

Approximately 46.55 %

Tender Date

:

20 November 2014

Bonds available for Tender

:

10-year RMB Bonds

Issue Number

:

BCMKFB14094

Issue Date

:

21 November 2014

Maturity Date

:

21 November 2024 (or the closest coupon payment date)

Application Amount

:

RMB 7,701 million

Issue Amount

:

RMB 2,000 million

Average accepted Coupon Rate

:

3.28 %

Highest accepted Coupon Rate(Bonds’ Coupon)

:

3.38 %

Lowest accepted Coupon Rate

:

3.00 %

Allocation Ratio

:

Approximately 7.69 %