Tender Result of the reopening of 5-Year Exchange Fund Notes

Press Releases

22 Apr 2004

Tender Result of the reopening of 5-Year Exchange Fund Notes

Tender Result of the reopening of 5-Year Exchange Fund Notes :-

Tender date                      :   22 April 2004

Paper on offer                   :   EF Notes

Issue number                     :   5706

Issue date (reopen)              :   23 April 2004

Maturity date                    :   18 June 2007

Coupon                           :   4.76%

Competitive Tender Results

Amount applied                   :   HK$4,671.25 MN

Amount allotted                  :   HK$1,195.60 MN

Average price accepted (yield)   :   107.40 (2.33 PCT)

Lowest price accepted (yield)    :   107.35 (2.34 PCT)

Pro rata ratio                   :   About 66 PCT

Average tender price (yield)     :   107.28 (2.37 PCT)

Non-competitive Tender Results

Amount applied                   :   HK$4.40 MN

Amount allotted                  :   HK$4.40 MN

Allotment price (yield)          :   107.40 (2.33%)

Pro rata ratio                   :   N.A.

End/Thursday, 22 April, 2004
NNNN
Latest Press Releases
Last revision date : 22 April 2004