Exchange Fund Bills Tender Results

Tender date                 :   10 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q477

Issue date                  :   11 September 2002

Maturity date               :   15 October 2002

Amount applied              :   HK$10,450 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   1.51 PCT

Highest yield accepted      :   1.51 PCT

Pro rata ratio              :   About 88 PCT

Average tender yield        :   1.57 PCT

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Tender date                 :   10 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q236

Issue date                  :   11 September 2002

Maturity date               :   11 December 2002

Amount applied              :   HK$12,837 MN

Amount allotted             :   HK$3,252 MN

Average yield accepted      :   1.54 PCT

Highest yield accepted      :   1.55 PCT

Pro rata ratio              :   About 68 PCT

Average tender yield        :   1.57 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 16 Sept 02 :-

Tender date                 :   17 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q237

Issue date                  :   18 September 2002

Maturity date               :   18 December 2002

Tenor                       :   91 Days

Amount on offer             :   HK$2,105 MN

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

Tender date                 :   17 September 2002

Paper on offer              :   EF Bills

Issue number                :   H273

Issue date                  :   18 September 2002

Maturity date               :   19 March 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, September 10, 2002
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