Result of the tenders of RMB Sovereign Bonds held on 23 April 2025

Press Releases

23 Apr 2025

Result of the tenders of RMB Sovereign Bonds held on 23 April 2025

Tender Result

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

Tender Date

:

23 April 2025

Bonds available for Tender

:

2-year RMB Bonds

Issuer

:

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

Issue Number

:

BCMKFB25004 (Further Issuance)

Issue and Settlement Date

:

25 April 2025

Maturity Date

:

21 February 2027 (or the closest coupon payment date)

Coupon Rate

:

1.75 %

Application Amount

:

RMB 10,177 million

Issue Amount

:

RMB 4,000 million

Average Accepted Price

:

100.29

Lowest Accepted Price

:

100.20

Highest Accepted Price

:

100.45

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 41.07 %

 

Tender Result

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

Tender Date

:

23 April 2025

Bonds available for Tender

:

3-year RMB Bonds

Issuer

:

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

Issue Number

:

BCMKFB25005 (Further Issuance)

Issue and Settlement Date

:

25 April 2025

Maturity Date

:

21 February 2028 (or the closest coupon payment date)

Coupon Rate

:

1.80 %

Application Amount

:

RMB 11,583 million

Issue Amount

:

RMB 4,000 million

Average Accepted Price

:

100.55

Lowest Accepted Price

:

100.41

Highest Accepted Price

:

100.96

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 94.74 %

 

Tender Result

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

Tender Date

:

23 April 2025

Bonds available for Tender

:

5-year RMB Bonds

Issuer

:

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

Issue Number

:

BCMKFB25006 (Further Issuance)

Issue and Settlement Date

:

25 April 2025

Maturity Date

:

21 February 2030 (or the closest coupon payment date)

Coupon Rate

:

1.88 %

Application Amount

:

RMB 10,672 million

Issue Amount

:

RMB 3,000 million

Average Accepted Price

:

101.09

Lowest Accepted Price

:

100.85

Highest Accepted Price

:

101.30

Allocation Ratio (At Lowest Accepted Price)

:

Approximately 71.56 %

 

Tender Result

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

Tender Date

:

23 April 2025

Bonds available for Tender

:

15-year RMB Bonds

Issuer

:

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

Issue Number

:

BCMKFB25028

Issue and Settlement Date

:

25 April 2025

Maturity Date

:

25 April 2040 (or the closest coupon payment date)

Application Amount

:

RMB 5,950 million

Issue Amount

:

RMB 1,500 million

Average accepted Coupon Rate

:

2.05 %

Highest accepted Coupon Rate (Bonds’ Coupon)

:

2.10 %

Lowest accepted Coupon Rate

:

1.90 %

Allocation Ratio (At Highest accepted Coupon Rate)

:

Approximately 37.50 %

 

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Last revision date : 23 April 2025