Exchange Fund Bills Tender Results

Tender date                 :   24 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q238

Issue date                  :   25 September 2002

Maturity date               :   27 December 2002

Amount applied              :   HK$13,272 MN

Amount allotted             :   HK$2,744 MN

Average yield accepted      :   1.73 PCT

Highest yield accepted      :   1.74 PCT

Pro rata ratio              :   About 47 PCT

Average tender yield        :   1.76 PCT

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

Tender date                 :   24 September 2002

Paper on offer              :   EF Bills

Issue number                :   Y294

Issue date                  :   25 September 2002

Maturity date               :   24 September 2003

Amount applied              :   HK$8,490 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.73 PCT

Highest yield accepted      :   1.73 PCT

Pro rata ratio              :   About 56 PCT

Average tender yield        :   1.76 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 30 Sept 02 :-

Tender date                 :   30 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q239

Issue date                  :   2 October 2002

Maturity date               :   2 January 2003

Tenor                       :   92 Days

Amount on offer             :   HK$2,100 MN

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

Tender date                 :   30 September 2002

Paper on offer              :   EF Bills

Issue number                :   H274

Issue date                  :   2 October 2002

Maturity date               :   2 April 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, September 24, 2002
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