Exchange Fund Bills Tender Results

Tender date                 :   29 April 2003

Paper on offer              :   EF Bills

Issue number                :   Q317

Issue date                  :   30 April 2003

Maturity date               :   30 July 2003

Amount applied              :   HK$23,021 MN

Amount allotted             :   HK$4,347 MN

Average yield accepted      :   1.23 PCT

Highest yield accepted      :   1.24 PCT

Pro rata ratio              :   About 34 PCT

Average tender yield        :   1.26 PCT

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

Tender date                 :   29 April 2003

Paper on offer              :   EF Bills

Issue number                :   H363

Issue date                  :   30 April 2003

Maturity date               :   29 October 2003

Amount applied              :   HK$13,580 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.24 PCT

Highest yield accepted      :   1.25 PCT

Pro rata ratio              :   About 3 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 - 5 May 03 :-

Tender date                 :   6 May 2003

Paper on offer              :   EF Bills

Issue number                :   Q318

Issue date                  :   7 May 2003

Maturity date               :   6 August 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,048 MN

* * * * * * * * * * *

Tender date                 :   6 May 2003

Paper on offer              :   EF Bills

Issue number                :   Y389

Issue date                  :   7 May 2003

Maturity date               :   5 May 2004

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, April 29, 2003
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