Result of the tenders of RMB Sovereign Bonds held on June 28, 2012
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The following is issued on behalf of the Hong Kong Monetary Authority:

Result of the tenders of RMB Sovereign Bonds held on June 28, 2012:


Tender Date                    : June 28, 2012

Bonds available for Tender     : Three-year RMB Bonds

Issue Number                   : BCMKFB12024

Issue Date                     : June 29, 2012

Maturity Date                  : June 29, 2015
                                 (or the closest
                                 Coupon payment date)

Application Amount             : RMB 31,258.5 million

Issue Amount                   : RMB 7,000 million

Average accepted Coupon Rate   : 1.38%

Highest accepted Coupon Rate
(Bonds' Coupon)                : 1.85%

Lowest accepted Coupon Rate    : 0.00%

Allocation Ratio               : Approximately 15.16%


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Tender Date                    : June 28, 2012

Bonds available for Tender     : Five-year RMB Bonds

Issue Number                   : BCMKFB12025

Issue Date                     : June 29, 2012

Maturity Date                  : June 29, 2017
                                 (or the closest
                                 Coupon payment date)

Application Amount             : RMB 16,912 million

Issue Amount                   : RMB 5,500 million

Average accepted Coupon Rate   : 2.17%

Highest accepted Coupon Rate
(Bonds' Coupon)                : 2.56%

Lowest accepted Coupon Rate    : 1.00%

Allocation Ratio               : Approximately 11.00%


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Tender Date                    : June 28, 2012

Bonds available for Tender     : Seven-year RMB Bonds

Issue Number                   : BCMKFB12026

Issue Date                     : June 29, 2012

Maturity Date                  : June 29, 2019
                                 (or the closest
                                 Coupon payment date)

Application Amount             : RMB 4,815 million

Issue Amount                   : RMB 1,000 million

Average accepted Coupon Rate   : 2.08%

Highest accepted Coupon Rate
(Bonds' Coupon)                : 2.65%

Lowest accepted Coupon Rate    : 1.35%

Allocation Ratio               : Approximately 5.10%


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Tender Date                    : June 28, 2012

Bonds available for Tender     : Ten-year RMB Bonds

Issue Number                   : BCMKFB12027

Issue Date                     : June 29, 2012

Maturity Date                  : June 29, 2022
                                 (or the closest
                                 Coupon payment date)

Application Amount             : RMB 3,028.5 million

Issue Amount                   : RMB 1,000 million

Average accepted Coupon Rate   : 2.88%

Highest accepted Coupon Rate
(Bonds' Coupon)                : 3.10%

Lowest accepted Coupon Rate    : 0.00%

Allocation Ratio               : Approximately 5.83%


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Tender Date                    : June 28, 2012

Bonds available for Tender     : Fifteen-year
                                 RMB Bonds

Issue Number                   : BCMKFB12028

Issue Date                     : June 29, 2012

Maturity Date                  : June 29, 2027
                                 (or the closest
                                 Coupon payment date)

Application Amount             : RMB 2,666.5 million

Issue Amount                   : RMB 1,000 million

Average accepted Coupon Rate   : 3.10%

Highest accepted Coupon Rate
(Bonds' Coupon)                : 3.48%

Lowest accepted Coupon Rate    : 1.99%

Allocation Ratio               : Approximately 0.50%

Ends/Thursday, June 28, 2012
Issued at HKT 19:05

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