Result of the tenders of RMB Sovereign Bonds held on 14 August 2024

Press Releases

14 Aug 2024

Result of the tenders of RMB Sovereign Bonds held on 14 August 2024

Tender Result

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

Tender Date

:

14 August 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

:

16 August 2024

Maturity Date

:

15 March 2026 (or the closest coupon payment date)

Coupon Rate

:

2.20 %

Application Amount

:

RMB 10,458 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.43

Lowest Accepted Price

:

100.39

Highest Accepted Price

:

100.78

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 53.85 %

 

Tender Result

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

Tender Date

:

14 August 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

:

16 August 2024

Maturity Date

:

15 March 2027 (or the closest coupon payment date)

Coupon Rate

:

2.28 %

Application Amount

:

RMB 10,889 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.75

Lowest Accepted Price

:

100.70

Highest Accepted Price

:

101.33

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 92.95 %

 

Tender Result

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

Tender Date

:

14 August 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

:

16 August 2024

Maturity Date

:

15 March 2034 (or the closest coupon payment date)

Coupon Rate

:

2.45 %

Application Amount

:

RMB 9,009 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.99

Lowest Accepted Price

:

100.60

Highest Accepted Price

:

104.80

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 89.26 %

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Last revision date : 14 August 2024