Result of the tenders of RMB Sovereign Bonds held on 10 October 2018

Tender Result

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

Tender Date

:

10 October 2018

Bonds available for Tender

:

2-year RMB Bonds

Issue Number

:

BCMKFB18016 (Re-open)

Issue and Settlement Date

:

12 October 2018

Maturity Date

:

09 July 2020 (or the closest coupon payment date)

Coupon Rate

Application Amount

:

:

3.65 %

RMB 9,923.5 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.15

Lowest Accepted Price

:

100.00

Highest Accepted Price

:

110.00

Allocation Ratio

:

Approximately 11.99 %

Tender Result

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

Tender Date

:

10 October 2018

Bonds available for Tender

:

5-year RMB Bonds

Issue Number

:

BCMKFB18017 (Re-open)

Issue and Settlement Date

:

12 October 2018

Maturity Date

:

09 July 2023 (or the closest coupon payment date)

Coupon Rate

Application Amount

:

:

3.80 %

RMB 3,738 million

Issue Amount

:

RMB 1,500 million

Average Accepted Price

:

100.29

Lowest Accepted Price

:

100.00

Highest Accepted Price

:

102.00

Allocation Ratio

:

Approximately 69.03 %