Hong Kong Monetary Authority Tender Results

Tender date                 :   19 December 2000

Paper on offer              :   EF Bills

Issue number                :   Q051

Issue date                  :   20 December 2000

Maturity date               :   21 March 2001

Amount applied              :   HK$15,036 MN

Amount allotted             :   HK$4,056 MN

Average yield accepted      :   5.66 PCT

Highest yield accepted      :   5.68 PCT

Pro rata ratio              :   About 46 PCT

Average tender yield        :   5.70 PCT

* * * * * * * * * *

Tender date                 :   19 December 2000

Paper on offer              :   EF Bills

Issue number                :   Y097

Issue date                  :   20 December 2000

Maturity date               :   19 December 2001

Amount applied              :   HK$5,840 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   5.56 PCT

Highest yield accepted      :   5.57 PCT

Pro rata ratio              :   About 88 PCT

Average tender yield        :   5.60 PCT

End/Tuesday, December 19, 2000
NNNN