Exchange Fund Bills Tender Results

Tender date                 :   23 July 2002

Paper on offer              :   EF Bills

Issue number                :   Q229

Issue date                  :   24 July 2002

Maturity date               :   23 October 2002

Amount applied              :   HK$14,155 MN

Amount allotted             :   HK$2,299 MN

Average yield accepted      :   1.47 PCT

Highest yield accepted      :   1.48 PCT

Pro rata ratio              :   About 84 PCT

Average tender yield        :   1.51 PCT

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

Tender date                 :   23 July 2002

Paper on offer              :   EF Bills

Issue number                :   H269

Issue date                  :   24 July 2002

Maturity date               :   22 January 2003

Amount applied              :   HK$9,230 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.56 PCT

Highest yield accepted      :   1.58 PCT

Pro rata ratio              :   About 3 PCT

Average tender yield        :   1.61 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 29 Jul 02 :-

Tender date                 :   30 July 2002

Paper on offer              :   EF Bills

Issue number                :   Q230

Issue date                  :   31 July 2002

Maturity date               :   30 October 2002

Tenor                       :   91 Days

Amount on offer             :   HK$4,113 MN

* * * * * * * * * *

Tender date                 :   30 July 2002

Paper on offer              :   EF Bills

Issue number                :   Y292

Issue date                  :   31 July 2002

Maturity date               :   30 July 2003

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, July 23, 2002
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