Exchange Fund Bills Tender Results

Tender date                 :   19 August 2003

Paper on offer              :   EF Bills

Issue number                :   Q333

Issue date                  :   20 August 2003

Maturity date               :   19 November 2003

Amount applied              :   HK$17,691.5 MN

Amount allotted             :   HK$3,373 MN

Average yield accepted      :   0.93 PCT

Highest yield accepted      :   0.93 PCT

Pro rata ratio              :   About 51 PCT

Average tender yield        :   0.95 PCT

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

Tender date                 :   19 August 2003

Paper on offer              :   EF Bills

Issue number                :   H371

Issue date                  :   20 August 2003

Maturity date               :   18 February 2004

Amount applied              :   HK$11,330 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   0.99 PCT

Highest yield accepted      :   0.99 PCT

Pro rata ratio              :   About 40 PCT

Average tender yield        :   1.02 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 25 Aug 03 :-

Tender date                 :   26 August 2003

Paper on offer              :   EF Bills

Issue number                :   Q481

Issue date                  :   27 August 2003

Maturity date               :   25 September 2003

Tenor                       :   29 Days

Amount on offer             :   HK$600 MN

* * * * * * * * * * *

Tender date                 :   26 August 2003

Paper on offer              :   EF Bills

Issue number                :   Q334

Issue date                  :   27 August 2003

Maturity date               :   26 November 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,266 MN

* * * * * * * * * * *

Tender date                 :   26 August 2003

Paper on offer              :   EF Bills

Issue number                :   Y393

Issue date                  :   27 August 2003

Maturity date               :   25 August 2004

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, August 19, 2003
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