Hong Kong Monetary Authority Tender Results

Tender date                      :   10 August 2000

Paper on offer                   :   EF Notes

Issue number                     :   2208

Issue date                       :   11 August 2000

Maturity date                    :   12 August 2002

Coupon                           :   6.20%

Amount applied                   :   HK$5,490 MN

Amount allotted                  :   HK$600 MN

Average price accepted (yield)   :   100.20 (6.19 PCT)

Lowest price accepted (yield)    :   100.17 (6.20 PCT)

Pro rata ratio                   :   About 19 PCT

Average tender price (yield)     :   100.09 (6.25 PCT)

End/Thursday, August 10, 2000
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