Hong Kong Monetary Authority Exchange Fund Bills Tender Results

Tender date                 :   11 January 2001

Paper on offer              :   EF Bills

Issue number                :   Q461

Issue date                  :   12 January 2001

Maturity date               :   12 February 2001

Amount applied              :   HK$8,500 MN

Amount allotted             :   HK$1,400 MN

Average yield accepted      :   5.11 PCT

Highest yield accepted      :   5.18 PCT

Pro rata ratio              :   About 38%

Average tender yield        :   5.21 PCT

End/Thursday, January 11, 2001
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