Exchange Fund Bills Tender Results

Tender date                 :   11 February 2002

Paper on offer              :   EF Bills

Issue number                :   Q206

Issue date                  :   15 February 2002

Maturity date               :   15 May 2002

Amount applied              :   HK$15,550 MN

Amount allotted             :   HK$3,481 MN

Average yield accepted      :   1.64 PCT

Highest yield accepted      :   1.64 PCT

Pro rata ratio              :   About 33 PCT

Average tender yield        :   1.66 PCT

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

Tender date                 :   11 February 2002

Paper on offer              :   EF Bills

Issue number                :   Y286

Issue date                  :   15 February 2002

Maturity date               :   12 February 2003

Amount applied              :   HK$4,110 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   2.21 PCT

Highest yield accepted      :   2.23 PCT

Pro rata ratio              :   About 2 PCT

Average tender yield        :   2.23 PCT

End/Monday, February 11, 2002
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