The Hong Kong Monetary Authority (HKMA) announces that the
tender for the twenty-sixth issue of 2-year Exchange Fund Notes
will be held on Wednesday 11 August 1999 for settlement on Thursday
12 August 1999.
An amount of HK$600 million 2-year Notes will be on offer. The
Notes will mature on 13 August 2001 and will carry interest at the
rate of 6.21% 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 Recognised Dealers on the
published list, which can be obtained from HKMA at 30/F, 3 Garden
Road, Hong Kong (telephone 2878 8150) or from the HKMA's website at
http://www.info.gov.hk/hkma.
They may also submit their tender applications through brokers who
are members of the Stock Exchange of Hong Kong (SEHK) via Hong Kong
Securities Clearing Company Limited (HKSCC) or, for those who hold
Investor Accounts at HKSCC, directly through HKSCC. HKSCC will
collect tender applications from its participants and submit them
to the HKMA for processing. Each tender must be for an amount of
HK$50,000 or integral multiples thereof.
The tender results will be published on the Reuters screen
(HKMAOOE), Bloomberg, the Telerate screen (9913), the Bridge News
screen and CCASS terminal for CCASS Broker/Custodian/Participants.
CCASS Investor Participants can also enquire about the tender
results through the CCASS Phone System.
Hong Kong Monetary Authority
4 August 1999
HONG KONG MONETARY AUTHORITY
EXCHANGE FUND NOTE PROGRAMME
TENDER INFORMATION
_______________________________________________________________
Tender information for the Twenty-Sixth issue of 2-Year Exchange Fund Notes :-
Issue Number : 2108
Stock code : 4024
Tender Date and Time : Wednesday 11 August 1999,
9:30 a.m. to 10:30 a.m.
Issue and Settlement Date : Thursday, 12 August 1999
Amount on Offer : HK$600 million
Maturity : Two years
Maturity Date : 13 August 2001
Interest Rate : 6.21% per annum payable
semi-annually in arrears
Interest Payment Dates : 14 Feb 2000, 14 Aug 2000,
12 Feb 2001, 13 Aug 2001
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 Recognised
Dealers on the published
list, Hong Kong Securities
Clearing Company Limited,
or brokers who are members
of the Stock Exchange of
Hong Kong
Other details : Please see Information
Memorandum published or
approach Market Makers,
Recognised Dealers, Hong
Kong Securities Clearing
Company Limited, or brokers
who are members of the
Stock Exchange of Hong Kong
Expected commencement date : 16 August 1999
of dealing on the Stock
Exchange of Hong Kong
