Result of tenders of RMB Sovereign Bonds held on April 23, 2025
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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 April 23, 2025
| Tender Result | ||
| ********************************************************************* | ||
| Tender Date | : | April 23, 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 | : | April 25, 2025 |
| Maturity Date | : | February 21, 2027 (or the closest coupon payment date) |
| Coupon Rate | : | 1.75 per cent |
| 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 per cent |
| Tender Result | ||
| ********************************************************************* | ||
| Tender Date | : | April 23, 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 | : | April 25, 2025 |
| Maturity Date | : | February 21, 2028 (or the closest coupon payment date) |
| Coupon Rate | : | 1.80 per cent |
| 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 per cent |
| Tender Result | ||
| ********************************************************************* | ||
| Tender Date | : | April 23, 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 | : | April 25, 2025 |
| Maturity Date | : | February 21, 2030 (or the closest coupon payment date) |
| Coupon Rate | : | 1.88 per cent |
| 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 per cent |
| Tender Result | ||
| ********************************************************************* | ||
| Tender Date | : | April 23, 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 | : | April 25, 2025 |
| Maturity Date | : | April 25, 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 per cent |
| Highest accepted Coupon Rate (Bonds’ Coupon) |
: | 2.10 per cent |
| Lowest accepted Coupon Rate | : | 1.90 per cent |
| Allocation Ratio (At Highest accepted Coupon Rate) |
: | Approximately 2.97 per cent |
Ends/Wednesday, April 23, 2025
Issued at HKT 12:45
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