Hong Kong Monetary Authority Hong Kong Mortgage Corporation Limited (HKMC) Note Issuance Programme Tender Results

Tender date                      :   13 December 2000

Paper on offer                   :   HKMC Notes

Issue number                     :   S209

Issue date                       :   14 December 2000

Maturity date                    :   16 December 2002

Coupon                           :   6.05 PCT

COMPETITIVE TENDER BY RECOGNISED DEALERS

Amount applied                   :   HK$4,975 MN

Amount allotted                  :   HK$400 MN

Average price accepted (yield)   :   100.23 (6.01 PCT)

Lowest price accepted (yield)    :   100.20 (6.03 PCT)

Pro-rata ratio                   :   About 50 PCT

Average tender price (yield)     :   100.09 (6.09 PCT)

NON-COMPETITIVE TENDER BY PUBLIC SUBSCRIPTION

Amount applied                   :   116.25 MN

Amount allotted                  :   100 MN

Average price accepted (yield)   :   100.23 (6.01 PCT)

End/Wednesday, December 13, 2000

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