Exchange Fund Bills Tender Results

Tender date                 :   20 March 2001

Paper on offer              :   EF Bills

Issue number                :   Q463

Issue date                  :   21 March 2001

Maturity date               :   23 April 2001

Amount applied              :   HK$8,340 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   4.57 PCT

Highest yield accepted      :   4.57 PCT

Pro rata ratio              :   About 90 PCT

Average tender yield        :   4.62 PCT

* * * * * * * * * * * * * * * * *

Tender date                 :   20 March 2001

Paper on offer              :   EF Bills

Issue number                :   Q112

Issue date                  :   21 March 2001

Maturity date               :   20 June 2001

Amount applied              :   HK$13,383.50 MN

Amount allotted             :   HK$3,680 MN

Average yield accepted      :   4.56 PCT

Highest yield accepted      :   4.57 PCT

Pro rata ratio              :   About 32 PCT

Average tender yield        :   4.60 PCT

* * * * * * * * * * * * * * * * *

Tender date                 :   20 March 2001

Paper on offer              :   EF Bills

Issue number                :   H160

Issue date                  :   21 March 2001

Maturity date               :   19 September 2001

Amount applied              :   HK$6,450 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   4.56 PCT

Highest yield accepted      :   4.58 PCT

Pro rata ratio              :   About 8 PCT

Average tender yield        :   4.60 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 26 Mar 01 :-

Tender date                 :   27 March 2001

Paper on offer              :   EF Bills

Issue number                :   Q113

Issue date                  :   28 March 2001

Maturity date               :   27 June 2001

Tenor                       :   91 Days

Amount on offer             :   HK$3,384 MN

End/Tuesday, March 20, 2001
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