Tender for the Ninth Issue of the Airport Authority Notes

Press Releases

28 Jun 2001

Tender for the Ninth Issue of the Airport Authority Notes

The Hong Kong Monetary Authority (HKMA) announced today (Thursday) the tender for the ninth issue of the Airport Authority (AA) Notes to be held on 5 July 2001 (Thursday).

An amount of HK$500 million in AA Notes will be offered for settlement on 6 July 2001 (Friday). The 5-year Notes, which mature on 6 July 2006, will carry interest at the fixed rate of 5.60% per annum payable semi-annually in arrears. Terms and conditions of the issue are described fully in the Information Memorandum.

The HK$500 million AA Notes issue is the ninth tranche of the HK$5 billion AA Note Issuance Programme in which the HKMA acts as the arranger, custodian, agent and operator. The AA Notes, which are denominated in HK$50,000, will be cleared through the Central Moneymarkets Unit (CMU).

Members of the public who wish to tender for the Notes may do so through any of the Market Makers or Recognised Dealers on the published list which can be obtained from the HKMA at 30/F, 3 Garden Road, Hong Kong (or telephone 2878 8150). Each tender must be for an amount of HK$50,000 or integral multiples thereof.

Hong Kong Monetary Authority
28 June 2001

AIRPORT AUTHORITY
NOTE ISSUANCE PROGRAMME
TENDER INFORMATION

Tender information for the ninth issue of Airport Authority Note Issuance Programme:-

Issue Number: A503
Tender Date and Time: Thursday 5 July 2001 9:30 a.m. to 10:30 a.m.
Issue and Settlement Date: Friday 6 July 2001
Amount on Offer: HK$500 million
Maturity: Five years
Maturity Date: 6 July 2006
Interest Rate: 5.60 per cent per annum
Interest Payment Dates: 7 January 2002 8 July 2002 6 January 2003 7 July 2003 6 January 2004 6 July 2004 6 January 2005 6 July 2005 6 January 2006 6 July 2006
Tender Amount: Each tender must be for an amount of HK$50,000 or integral multiples thereof. Members of the public who wish to tender for the Notes may approach Market Makers or Recognised Dealers on the published list.
Other details : Please see Information Memorandum published or approach Market Makers or Recognised Dealers.

Hong Kong Monetary Authority
28 June 2001

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Last revision date : 28 June 2001