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HKMA CMU Central Bank Placement Co-ordinating Window Placement Result
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The following is issued on behalf of the Hong Kong Monetary Authority:

Total subscription amount : RMB 5.48 billion

Total placement amount    : RMB 3 billion

Over-subscription         : 0.83 times

Coupon rate               : Same as the successful
                            tenders of the RMB
                            Sovereign Bonds of the
                            same tenor

     The Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA), Mr Peter Pang said, "The HKMA is delighted to continue to provide the tendering platform for the successful issuance of offshore renminbi sovereign bonds in Hong Kong. Following its smooth operation last year, this is the second time for the HKMA CMU Central Bank Placement Co-ordinating Window to support the placement of central banks' subscription. The arrangement addressed the increasing demand for renminbi sovereign bonds and is welcomed by overseas central banks and regional monetary authorities. The smooth operation of the HKMA CMU Central Bank Placement Co-ordinating Window will expand the investor base for the renminbi bond market and further reinforces the role of Hong Kong as the global hub for offshore renminbi business."

Ends/Wednesday, June 26, 2013
Issued at HKT 12:59

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