Hong Kong Mortgage Corporation Note Issuance Programme Tender Results

Tender date                      :   14 June 2001

Paper on offer                   :   HKMC Notes

Issue number                     :   S501

Issue date                       :   15 June 2001

Maturity date                    :   15 June 2006

Coupon                           :   5.60%

Amount applied                   :   HK$3,871 MN

Amount allotted                  :   HK$500 MN

Average price accepted (yield)   :   100.10 (5.66 PCT)

Lowest price accepted (yield)    :   100.05 (5.67 PCT)

Pro rata ratio                   :   About 78 PCT

Average tender price (yield)     :   99.94 (5.69 PCT)

End/Thursday, June 14, 2001
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