Exchange Fund Bills Tender Results

Tender date                 :   29 July 2003

Paper on offer              :   EF Bills

Issue number                :   Q330

Issue date                  :   30 July 2003

Maturity date               :   29 October 2003

Amount applied              :   HK$20,100 MN

Amount allotted             :   HK$4,357 MN

Average yield accepted      :   0.93 PCT

Highest yield accepted      :   0.93 PCT

Pro rata ratio              :   About 25 PCT

Average tender yield        :   0.94 PCT

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

Tender date                 :   29 July 2003

Paper on offer              :   EF Bills

Issue number                :   Y392

Issue date                  :   30 July 2003

Maturity date               :   28 July 2004

Amount applied              :   HK$9,780 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.06 PCT

Highest yield accepted      :   1.07 PCT

Pro rata ratio              :   About 15 PCT

Average tender yield        :   1.09 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 4 Aug 03 :-

Tender date                 :   5 August 2003

Paper on offer              :   EF Bills

Issue number                :   Q331

Issue date                  :   6 August 2003

Maturity date               :   5 November 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,092 MN

* * * * * * * * * * *

Tender date                 :   5 August 2003

Paper on offer              :   EF Bills

Issue number                :   H370

Issue date                  :   6 August 2003

Maturity date               :   4 February 2004

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, July 29, 2003
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