Exchange Fund Bills Tender Results

Tender date                 :   17 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q237

Issue date                  :   18 September 2002

Maturity date               :   18 December 2002

Amount applied              :   HK$14,320 MN

Amount allotted             :   HK$2,105 MN

Average yield accepted      :   1.70 PCT

Highest yield accepted      :   1.71 PCT

Pro rata ratio              :   About 27 PCT

Average tender yield        :   1.74 PCT

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Tender date                 :   17 September 2002

Paper on offer              :   EF Bills

Issue number                :   H273

Issue date                  :   18 September 2002

Maturity date               :   19 March 2003

Amount applied              :   HK$8,920 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.71 PCT

Highest yield accepted      :   1.71 PCT

Pro rata ratio              :   About 37 PCT

Average tender yield        :   1.74 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 23 Sept 02 :-

Tender date                 :   24 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q238

Issue date                  :   25 September 2002

Maturity date               :   27 December 2002

Tenor                       :   93 Days

Amount on offer             :   HK$2,744 MN

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

Tender date                 :   24 September 2002

Paper on offer              :   EF Bills

Issue number                :   Y294

Issue date                  :   25 September 2002

Maturity date               :   24 September 2003

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, September 17, 2002
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