Exchange Fund Bills Tender Results

Tender date                 :   25 February 2003

Paper on offer              :   EF Bills

Issue number                :   Q308

Issue date                  :   26 February 2003

Maturity date               :   28 May 2003

Amount applied              :   HK$18,567.5 MN

Amount allotted             :   HK$3,671 MN

Average yield accepted      :   1.17 PCT

Highest yield accepted      :   1.18 PCT

Pro rata ratio              :   About 38 PCT

Average tender yield        :   1.19 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 3 Mar 03 :-

Tender date                 :   4 March 2003

Paper on offer              :   EF Bills

Issue number                :   Q309

Issue date                  :   5 March 2003

Maturity date               :   5 June 2003

Tenor                       :   92 Days

Amount on offer             :   HK$2,651 MN

* * * * * * * * * * *

Tender date                 :   4 March 2003

Paper on offer              :   EF Bills

Issue number                :   H359

Issue date                  :   5 March 2003

Maturity date               :   3 September 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, February 25, 2003
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