Result of the tenders of RMB Sovereign Bonds held on 11 December 2024

Press Releases

11 Dec 2024

Result of the tenders of RMB Sovereign Bonds held on 11 December 2024

Tender Result

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

Tender Date

:

11 December 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

:

13 December 2024

Maturity Date

:

15 March 2026 (or the closest coupon payment date)

Coupon Rate

:

2.20 %

Application Amount

:

RMB 5,690 million

Issue Amount

:

RMB 2,000 million

Average Accepted Price

:

100.67

Lowest Accepted Price

:

100.62

Highest Accepted Price

:

100.81

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 2.73 %

 

Tender Result

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

Tender Date

:

11 December 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

:

13 December 2024

Maturity Date

:

15 March 2027 (or the closest coupon payment date)

Coupon Rate

:

2.28 %

Application Amount

:

RMB 7,910 million

Issue Amount

:

RMB 2,000 million

Average Accepted Price

:

101.36

Lowest Accepted Price

:

101.28

Highest Accepted Price

:

101.50

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 52.94 %

 

Tender Result

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

Tender Date

:

11 December 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

:

13 December 2024

Maturity Date

:

15 March 2029 (or the closest coupon payment date)

Coupon Rate

:

2.39 %

Application Amount

:

RMB 7,870 million

Issue Amount

:

RMB 2,000 million

Average Accepted Price

:

102.60

Lowest Accepted Price

:

102.41

Highest Accepted Price

:

102.82

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 31.67 %

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Last revision date : 11 December 2024