Exchange Fund Bills Tender Results

Tender date                 :   2 September 2003

Paper on offer              :   EF Bills

Issue number                :   Q335

Issue date                  :   3 September 2003

Maturity date               :   3 December 2003

Amount applied              :   HK$16,735 MN

Amount allotted             :   HK$2,272 MN

Average yield accepted      :   0.85 PCT

Highest yield accepted      :   0.85 PCT

Pro rata ratio              :   About 73 PCT

Average tender yield        :   0.87 PCT

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

Tender date                 :   2 September 2003

Paper on offer              :   EF Bills

Issue number                :   H372

Issue date                  :   3 September 2003

Maturity date               :   3 March 2004

Amount applied              :   HK$10,650 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   0.96 PCT

Highest yield accepted      :   0.96 PCT

Pro rata ratio              :   About 53 PCT

Average tender yield        :   0.99 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 8 Sept 03 :-

Tender date                 :   9 September 2003

Paper on offer              :   EF Bills

Issue number                :   Q336

Issue date                  :   10 September 2003

Maturity date               :   10 December 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,302 MN

End/Tuesday, September 2, 2003
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