Press Releases

Exchange Fund Bills Tender Results

Tender date                 :   4 June 2002

Paper on offer              :   EF Bills

Issue number                :   Q222

Issue date                  :   5 June 2002

Maturity date               :   4 September 2002

Amount applied              :   HK$12,800 MN

Amount allotted             :   HK$2,872 MN

Average yield accepted      :   1.57 PCT

Highest yield accepted      :   1.59 PCT

Pro rata ratio              :   About 24 PCT

Average tender yield        :   1.60 PCT

* * * * * * * * * * *

Tender date                 :   4 June 2002

Paper on offer              :   EF Bills

Issue number                :   Y290

Issue date                  :   5 June 2002

Maturity date               :   5 June 2003

Amount applied              :   HK$7,540 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   2.32 PCT

Highest yield accepted      :   2.32 PCT

Pro rata ratio              :   About 41 PCT

Average tender yield        :   2.34 PCT

----------------------------

Hong Kong Monetary Authority
****************************

Tender to be held in the week beginning - 10 Jun 02 :-

Tender date                 :   11 June 2002

Paper on offer              :   EF Bills

Issue number                :   Q223

Issue date                  :   12 June 2002

Maturity date               :   11 September 2002

Tenor                       :   91 Days

Amount on offer             :   HK$3,837 MN

* * * * * * * * * * * *

Tender date                 :   11 June 2002

Paper on offer              :   EF Bills

Issue number                :   H266

Issue date                  :   12 June 2002

Maturity date               :   11 December 2002

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, June 4, 2002
NNNN