Hong Kong Monetary Authority Tender Results

Tender date                 :   21 March 2000

Paper on offer              :   EF Bills

Issue number                :   Q372

Issue date                  :   22 March 2000

Maturity date               :   19 April 2000

Amount applied              :   HK$5,840 MN

Amount allotted             :   HK$2,000 MN

Average price accepted      :   5.41 PCT

Highest price accepted      :   5.45 PCT

Pro rata ratio              :   About 6 PCT

Average tender yield        :   5.50 PCT

* * * * * * *

Tender date                 :   21 March 2000

Paper on offer              :   EF Bills

Issue number                :   Q012

Issue date                  :   22 March 2000

Maturity date               :   21 June 2000

Amount applied              :   HK$10,290 MN

Amount allotted             :   HK$3,294 MN

Average price accepted      :   5.63 PCT

Highest price accepted      :   5.65 PCT

Pro rata ratio              :   About 51 PCT

Average tender yield        :   5.67 PCT

* * * * * * *

Tender date                 :   21 March 2000

Paper on offer              :   EF Bills

Issue number                :   H060

Issue date                  :   22 March 2000

Maturity date               :   20 September 2000

Amount applied              :   HK$5,600 MN

Amount allotted             :   HK$1,300 MN

Average price accepted      :   5.81 PCT

Highest price accepted      :   5.84 PCT

Pro rata ratio              :   About 7 PCT

Average tender yield        :   5.86 PCT

----------------------------------------------------
Hong Kong Monetary Authority
****************************

Tender to be held in the week beginning - 27 Mar 00 :

Tender date                 :   28 March 2000

Paper on offer              :   EF Bills

Issue number                :   Q373

Issue date                  :   29 March 2000

Maturity date               :   26 April 2000

Tenor                       :   28 Days

Amount on offer             :   HK$1,500 MN

* * * * * * *

Tender date                 :   28 March 2000

Paper on offer              :   EF Bills

Issue number                :   Q013

Issue date                  :   29 March 2000

Maturity date               :   28 June 2000

Tenor                       :   91 Days

Amount on offer             :   HK$2,879 MN

End/Tuesday, March 21, 2000
NNNN