Exchange Fund Bills Tender Results

Tender date                 :   4 February 2003

Paper on offer              :   EF Bills

Issue number                :   Q305

Issue date                  :   5 February 2003

Maturity date               :   7 May 2003

Amount applied              :   HK$17,750 MN

Amount allotted             :   HK$2,982 MN

Average yield accepted      :   1.22 PCT

Highest yield accepted      :   1.23 PCT

Pro rata ratio              :   About 48 PCT

Average tender yield        :   1.24 PCT

* * * * * * * * * * *

Tender date                 :   4 February 2003

Paper on offer              :   EF Bills

Issue number                :   H357

Issue date                  :   5 February 2003

Maturity date               :   6 August 2003

Amount applied              :   HK$10,580 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.25 PCT

Highest yield accepted      :   1.25 PCT

Pro rata ratio              :   About 75 PCT

Average tender yield        :   1.27 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 10 Feb 03 :-

Tender date                 :   11 February 2003

Paper on offer              :   EF Bills

Issue number                :   Q306

Issue date                  :   12 February 2003

Maturity date               :   14 May 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,088 MN

* * * * * * * * * * *

Tender date                 :   11 February 2003

Paper on offer              :   EF Bills

Issue number                :   Y386

Issue date                  :   12 February 2003

Maturity date               :   11 February 2004

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, February 4, 2003
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