The Hong Kong Monetary Authority (HKMA) announces that the
tender for the seventeenth issue of 5-year Exchange Fund Notes will
be held on Friday 24 September 1999 for settlement on Monday 27
September 1999.
An amount of HK$600 million 5-year Notes will be on offer. The
Notes will mature on 27 September 2004 and will carry interest at
the rate of 6.80% 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 Central Clearing and Settlement System (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
17 September 1999
HONG KONG MONETARY AUTHORITY
EXCHANGE FUND NOTE PROGRAMME
TENDER INFORMATION
_______________________________________________________________
Tender information for the seventeenth issue of 5-Year Exchange Fund Notes :-
Issue Number : 5409
Stock code : 4058 (EFN 6.80 0409)
Tender Date : Friday, 24 September 1999
and Time 9:30 a.m. to 10:30 a.m.
Issue and Settlement : Monday, 27 September 1999
Date
Amount on Offer : HK$600 million
Maturity : Five years
Maturity Date : 27 September 2004
Interest Rate : 6.80% per annum payable
semi-annually in arrears
Interest Payment Dates : 27 March 2000,
27 September 2000,
27 March 2001,
27 September 2001,
27 March 2002,
27 September 2002,
27 March 2003,
29 September 2003,
29 March 2004,
27 September, 2004
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 : 28 September 1999
date of dealing on
the Stock Exchange
of Hong Kong
Hong Kong Monetary Authority
17 September 1999
