Exchange Fund Bills Tender Results

Tender date                 :   18 June 2002

Paper on offer              :   EF Bills

Issue number                :   Q475

Issue date                  :   19 June 2002

Maturity date               :   23 July 2002

Amount applied              :   HK$8,450 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   1.45 PCT

Highest yield accepted      :   1.45 PCT

Pro rata ratio              :   About 92 PCT

Average tender yield        :   1.53 PCT

* * * * * * * * * * *

Tender date                 :   18 June 2002

Paper on offer              :   EF Bills

Issue number                :   Q224

Issue date                  :   19 June 2002

Maturity date               :   18 September 2002

Amount applied              :   HK$10,250 MN

Amount allotted             :   HK$2,072 MN

Average yield accepted      :   1.56 PCT

Highest yield accepted      :   1.56 PCT

Pro rata ratio              :   About 96 PCT

Average tender yield        :   1.58 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 24 Jun 02 :-

Tender date                 :   25 June 2002

Paper on offer              :   EF Bills

Issue number                :   Q225

Issue date                  :   26 June 2002

Maturity date               :   25 September 2002

Tenor                       :   91 Days

Amount on offer             :   HK$2,616 MN

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

Tender date                 :   25 June 2002

Paper on offer              :   EF Bills

Issue number                :   H267

Issue date                  :   26 June 2002

Maturity date               :   27 December 2002

Tenor                       :   184 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, June 18, 2002
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