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 December 20, 2019:
 

Tender Result
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Tender Date	:	December 20, 2019
Bills available for Tender	:	Six-month RMB Bills
Issuer	:	The People’s Bank of China
Issue Number	:	BCHKFP19033
Issue Date	:	December 27, 2019
Maturity Date	:	June 26, 2020 (or the closest coupon payment date)
Application Amount	:	RMB 29,013 million
Issue Amount	:	RMB 10,000 million
Average accepted Coupon Rate	:	2.83 per cent
Highest accepted Coupon Rate
(Bills’ Coupon)	:	2.90 per cent
Lowest accepted Coupon Rate	:	2.60 per cent
Allocation Ratio	:	Approximately 53.08 per cent

Ends/Friday, December 20, 2019
Issued at HKT 12:15

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