Result of the tenders of RMB Sovereign Bonds held on 16 October 2024

Press Releases

16 Oct 2024

Result of the tenders of RMB Sovereign Bonds held on 16 October 2024

Tender Result

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

Tender Date

:

16 October 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

:

18 October 2024

Maturity Date

:

15 March 2026 (or the closest coupon payment date)

Coupon Rate

:

2.20 %

Application Amount

:

RMB 7,626 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

100.68

Lowest Accepted Price

:

100.63

Highest Accepted Price

:

100.91

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 36.36 %

 

Tender Result

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

Tender Date

:

16 October 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

:

18 October 2024

Maturity Date

:

15 March 2027 (or the closest coupon payment date)

Coupon Rate

:

2.28 %

Application Amount

:

RMB 8,799 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

101.14

Lowest Accepted Price

:

101.01

Highest Accepted Price

:

101.37

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 27.05 %

 

Tender Result

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

Tender Date

:

16 October 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

:

18 October 2024

Maturity Date

:

15 March 2029 (or the closest coupon payment date)

Coupon Rate

:

2.39 %

Application Amount

:

RMB 12,456 million

Issue Amount

:

RMB 2,000 million

Average Accepted Price

:

101.86

Lowest Accepted Price

:

101.72

Highest Accepted Price

:

102.49

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 56.00 %

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Last revision date : 16 October 2024