Exchange Fund Bills Tender Results

Tender date                 :   15 January 2002

Paper on offer              :   EF Bills

Issue number                :   Q471

Issue date                  :   16 January 2002

Maturity date               :   11 February 2002

Amount applied              :   HK$10,960 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   1.41 PCT

Highest yield accepted      :   1.43 PCT

Pro rata ratio              :   About 16 PCT

Average tender yield        :   1.49 PCT

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

Tender date                 :   15 January 2002

Paper on offer              :   EF Bills

Issue number                :   Q202

Issue date                  :   16 January 2002

Maturity date               :   17 April 2002

Amount applied              :   HK$14,060 MN

Amount allotted             :   HK$1,936 MN

Average yield accepted      :   1.45 PCT

Highest yield accepted      :   1.45 PCT

Pro rata ratio              :   About 61 PCT

Average tender yield        :   1.48 PCT

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

Tender date                 :   15 January 2002

Paper on offer              :   EF Bills

Issue number                :   Y285

Issue date                  :   16 January 2002

Maturity date               :   15 January 2003

Amount applied              :   HK$5,550 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.91 PCT

Highest yield accepted      :   1.93 PCT

Pro rata ratio              :   About 52 PCT

Average tender yield        :   1.95 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 21 Jan 02 :-

Tender date                 :   22 January 2002

Paper on offer              :   EF Bills

Issue number                :   Q203

Issue date                  :   23 January 2002

Maturity date               :   24 April 2002

Tenor                       :   91 Days

Amount on offer             :   HK$2,783 MN

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

Tender date                 :   22 January 2002

Paper on offer              :   EF Bills

Issue number                :   H256

Issue date                  :   23 January 2002

Maturity date               :   24 July 2002

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, January 15, 2002
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