The Hong Kong Monetary Authority (HKMA) announces that tender of 10-year Exchange Fund Notes will be held on Tuesday 18 June 2002 for settlement on Wednesday 19 June 2002.
An amount of HK$500 million 10-year Notes will be on offer. The Notes will mature on 19 June 2012 and will carry interest at the rate of 5.80% per annum payable semi-annually in arrears.
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 (telephone 2878 1465), or from the HKMA's website at http://www.hkma.gov.hk. They may also submit their tender applications through brokers who are Exchange Participants of the Stock Exchange of Hong Kong via Hong Kong Securities Clearing Company Limited (HKSCC) or, for those who hold Investor Accounts at HKSCC, directly through HKSCC. HKSCC will collect tender applications from its participants and submit them to the HKMA for processing. Each tender must be for an amount of HK$50,000 or integral multiples thereof.
The tender results will be published on the Reuters screen (HKMAOOE), Bloomberg, the Telerate screen (9913), the Bridge News screen and CCASS terminal for CCASS Broker/Custodian/Participants. CCASS Investor Participants can also enquire about the tender results through the CCASS Phone System.
Hong Kong Monetary Authority
11 June 2002
HONG KONG MONETARY AUTHORITY
EXCHANGE FUND NOTE PROGRAMME
TENDER INFORMATION
______________________________________________________
Tender information of 10-Year Exchange Fund Notes :-
Issue Number : 1206
Stock code : 4097 (EFN 5.80 1206)
Tender Date : Tuesday, 18 June 2002
and Time 9:30 a.m. to 10:30 a.m.
Issue and Settlement : Wednesday, 19 June 2002
Date
Amount on Offer : HK$500 million
Maturity : Ten years
Maturity Date : 19 June 2012
Interest Rate : 5.80% per annum payable
semi-annually in arrears
Interest Payment Dates : 19 Dec 2002,
19 Jun 2003,
19 Dec 2003,
21 Jun 2004,
20 Dec 2004,
20 Jun 2005,
19 Dec 2005,
19 Jun 2006,
19 Dec 2006,
19 Jun 2007,
19 Dec 2007,
19 Jun 2008,
19 Dec 2008,
19 Jun 2009,
21 Dec 2009,
21 Jun 2010
20 Dec 2010,
20 Jun 2011,
19 Dec 2011,
19 Jun 2012
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, Hong Kong
Securities Clearing Company
Limited, or brokers who are
Exchange Participants of the
Stock Exchange of Hong Kong
Other details : Please see Information
Memorandum published or
approach Market Makers,
Recognised Dealers, Hong Kong
Securities Clearing Company
Limited, or brokers who are
Exchange Participants of the
Stock Exchange of Hong Kong
Expected commencement : 20 June 2002
date of dealing on
the Stock Exchange
of Hong Kong
Hong Kong Monetary Authority
11 June 2002
