Result of the tenders of RMB Sovereign Bonds held on 25 September 2019

Tender Result

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

:

25 September 2019

:

2-year RMB Bonds

:

BCMKFB19023 (Re-open)

:

27 September 2019

:

24 June 2021 (or the closest coupon payment date)

:

2.95 %

Application Amount

:

RMB 8,782 million

:

RMB 3,500 million

:

100.32

:

100.25

:

100.60

:

Approximately 99.24 %

Tender Result

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:

25 September 2019

:

5-year RMB Bonds

:

BCMKFB19024 (Re-open)

:

27 September 2019

:

24 June 2024 (or the closest coupon payment date)

:

3.03 %

Application Amount

:

RMB 4,100 million

:

RMB 1,000 million

:

101.29

:

100.79

:

101.91

:

Approximately 43.90 %