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 November 12, 2020:
 

Tender Result
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Tender Date	:	November 12, 2020
Bills available for Tender	:	Three-month RMB Bills
Issuer	:	The People's Bank of China
Issue Number	:	BCHKFP20021
Issue Date	:	November 16, 2020
Maturity Date	:	February 15, 2021 (or the closest coupon payment date)
Application Amount	:	RMB 30,860 million
Issue Amount	:	RMB 10,000 million
Average accepted Coupon Rate	:	2.59%
Highest accepted Coupon Rate
(Bills' Coupon)	:	2.85%
Lowest accepted Coupon Rate	:	1.70%
Allocation Ratio	:	Approximately 58.85%

Tender Result
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Tender Date	:	November 12, 2020
Bills available for Tender	:	One-year RMB Bills
Issuer	:	The People's Bank of China
Issue Number	:	BCHKFP20022
Issue Date	:	November 16, 2020
Maturity Date	:	November 16, 2021 (or the closest coupon payment date)
Application Amount	:	RMB 37,673 million
Issue Amount	:	RMB 15,000 million
Average accepted Coupon Rate	:	2.70%
Highest accepted Coupon Rate
(Bills' Coupon)	:	2.90%
Lowest accepted Coupon Rate	:	1.95%
Allocation Ratio	:	Approximately 60.89%

Ends/Thursday, November 12, 2020
Issued at HKT 15:00

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