Hong Kong Mortgage Corporation Note Issuance Programme Tender Results

Tender date                      :   31 May 2001

Paper on offer                   :   HKMC Notes

Issue number                     :   S210

Issue date                       :   1 June 2001

Maturity date                    :   2 June 2003

Coupon                           :   4.5%

Amount applied                   :   HK$4,230 MN

Amount allotted                  :   HK$500 MN

Average price accepted (yield)   :   99.94 (4.58 PCT)

Lowest price accepted (yield)    :   99.92 (4.59 PCT)

Pro rata ratio                   :   About 7 PCT

Average tender price (yield)     :   99.86 (4.63 PCT)

End/Thursday, May 31, 2001
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