Exchange Fund Bills Tender Results

Tender date                 :   7 May 2002

Paper on offer              :   EF Bills

Issue number                :   Q218

Issue date                  :   8 May 2002

Maturity date               :   7 August 2002

Amount applied              :   HK$16,095 MN

Amount allotted             :   HK$2,788 MN

Average yield accepted      :   1.70 PCT

Highest yield accepted      :   1.71 PCT

Pro rata ratio              :   About 25 PCT

Average tender yield        :   1.73 PCT

* * * * * * * * * * *

Tender date                 :   7 May 2002

Paper on offer              :   EF Bills

Issue number                :   Y289

Issue date                  :   8 May 2002

Maturity date               :   7 May 2003

Amount applied              :   HK$8,670 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   2.26 PCT

Highest yield accepted      :   2.26 PCT

Pro rata ratio              :   About 88 PCT

Average tender yield        :   2.28 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 13 May 02 :-

Tender date                 :   14 May 2002

Paper on offer              :   EF Bills

Issue number                :   Q219

Issue date                  :   15 May 2002

Maturity date               :   14 August 2002

Tenor                       :   91 Days

Amount on offer             :   HK$3,575 MN

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

Tender date                 :   14 May 2002

Paper on offer              :   EF Bills

Issue number                :   H264

Issue date                  :   15 May 2002

Maturity date               :   13 November 2002

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, May 7, 2002
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