Result of the tenders of RMB Sovereign Bonds held on 05 June 2024

Press Releases

05 Jun 2024

Result of the tenders of RMB Sovereign Bonds held on 05 June 2024

Tender Result

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

Tender Date

:

05 June 2024

Bonds available for Tender

:

2-year RMB Bonds

Issuer

:

The Ministry of Finance of the People’s Republic of China

Issue Number

:

BCMKFB24001 (Further Issuance)

Issue and Settlement Date

:

07 June 2024

Maturity Date

:

15 March 2026 (or the closest coupon payment date)

Coupon Rate

:

2.20 %

Application Amount

:

RMB 8,739 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.18

Lowest Accepted Price

:

100.09

Highest Accepted Price

:

100.69

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 17.45 %

 

Tender Result

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

Tender Date

:

05 June 2024

Bonds available for Tender

:

3-year RMB Bonds

Issuer

:

The Ministry of Finance of the People’s Republic of China

Issue Number

:

BCMKFB24002 (Further Issuance)

Issue and Settlement Date

:

07 June 2024

Maturity Date

:

15 March 2027 (or the closest coupon payment date)

Coupon Rate

:

2.28 %

Application Amount

:

RMB 9,624 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.41

Lowest Accepted Price

:

100.26

Highest Accepted Price

:

101.15

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 65.00 %

 

Tender Result

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

Tender Date

:

05 June 2024

Bonds available for Tender

:

5-year RMB Bonds

Issuer

:

The Ministry of Finance of the People’s Republic of China

Issue Number

:

BCMKFB24003 (Further Issuance)

Issue and Settlement Date

:

07 June 2024

Maturity Date

:

15 March 2029 (or the closest coupon payment date)

Coupon Rate

:

2.39 %

Application Amount

:

RMB 8,908 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.69

Lowest Accepted Price

:

100.41

Highest Accepted Price

:

102.22

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 37.96 %

 

Tender Result

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

Tender Date

:

05 June 2024

Bonds available for Tender

:

10-year RMB Bonds

Issuer

:

The Ministry of Finance of the People’s Republic of China

Issue Number

:

BCMKFB24004 (Further Issuance)

Issue and Settlement Date

:

07 June 2024

Maturity Date

:

15 March 2034 (or the closest coupon payment date)

Coupon Rate

:

2.45 %

Application Amount

:

RMB 5,466 million

Issue Amount

:

RMB 2,000 million

Average Accepted Price

:

100.88

Lowest Accepted Price

:

100.00

Highest Accepted Price

:

104.88

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 6.99 %

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Last revision date : 05 June 2024