The Hong Kong Monetary Authority announces that the tender for the twelfth issue of 5-year Exchange Fund Notes will be held on Monday, 16 June 1997 for settlement on Tuesday, 17 June 1997.
Similar to the previous issue, an amount of HK$500 million 5-year Notes will be on offer. In addition to that, another HK$100 million will be held as reserve by the Hong Kong Monetary Authority for supply to Market Makers in the secondary market. The Notes will mature on 17 June 2002 and will carry interest at the rate of 6.55% per annum payable semi-annually in arrears.
Members of the public who wish to tender for the Notes may do so through any of the Market Makers or Recognized Dealers on the published list which can be obtained from the Hong Kong Monetary Authority at 30/F, 3 Garden Road, Hong Kong (or telephone 2878 8150). Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Hong Kong Monetary Authority
6 June 1997
HONG KONG MONETARY AUTHORITY
EXCHANGE FUND NOTE PROGRAMME
TENDER INFORMATION
_______________________________________________________________
Tender information for the twelfth issue of 5-Year Exchange Fund Notes :-
Issue Number : 5206
Tender Date and Time : Monday 16 June 1997,
9:30 a.m. to 10:30 a.m.
Issue and Settlement Date : Tuesday 17 June 1997
Amount on Offer : HK$500 million plus an
additional HK$100 million
as reserve stock for the
Monetary Authority
Maturity : Five years
Maturity Date : 17 June 2002
Interest Rate : 6.55% per annum payable
semi-annually in arrears
Interest Payment Dates : 17 Dec 1997, 17 Jun 1998,
17 Dec 1998, 17 Jun 1999,
17 Dec 1999, 19 Jun 2000,
18 Dec 2000, 18 Jun 2001,
17 Dec 2001, 17 Jun 2002
Tender Amount : Each tender must be for an
amount of HK$50,000 or
integral multiples thereof.
Members of the public who
wish to tender for the Notes
may approach Market Makers
or Recognized Dealers on the
published list
Other details : Please see Information
Memorandum published or
approach Market Makers or
Recognized Dealers
Hong Kong Monetary Authority
6 June 1997