Result of tenders of People's Bank of China RMB Bills held on February 20, 2024
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The following is issued on behalf of the Hong Kong Monetary Authority:

     Result of the tenders of the People's Bank of China RMB Bills held on February 20, 2024:
 
Tender Result
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Tender Date : February 20, 2024
Bills available for Tender : Three-month RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24005
Issue Date : February 22, 2024
Maturity Date : May 23, 2024 (or the closest coupon payment date)
Application Amount : RMB 56,325 million
Issue Amount : RMB 30,000 million
Average accepted Coupon Rate : 2.79%
Highest accepted Coupon Rate
(Bills' Coupon)
: 3.04%
Lowest accepted Coupon Rate : 1.75%
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 46.94%
 
Tender Result
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Tender Date : February 20, 2024
Bills available for Tender : One-year RMB Bills
Issuer : The People's Bank of China
Issue Number : BCHKFP24006
Issue Date : February 22, 2024
Maturity Date : February 22, 2025 (or the closest coupon payment date)
Application Amount : RMB 37,727 million
Issue Amount : RMB 15,000 million
Average accepted Coupon Rate : 2.59%
Highest accepted Coupon Rate
(Bills' Coupon)
: 2.79%
Lowest accepted Coupon Rate : 1.75%
Allocation Ratio (At Highest accepted Coupon Rate) : Approximately 4.42%

Ends/Tuesday, February 20, 2024
Issued at HKT 12:30

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