Exchange Fund Bills Tender Results

Tender date                 :   30 September 2002

Paper on offer              :   EF Bills

Issue number                :   Q239

Issue date                  :   2 October 2002

Maturity date               :   2 January  2003

Amount applied              :   HK$11,730 MN

Amount allotted             :   HK$2,100 MN

Average yield accepted      :   1.64 PCT

Highest yield accepted      :   1.64 PCT

Pro rata ratio              :   About 46 PCT

Average tender yield        :   1.67 PCT

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

Tender date                 :   30 September 2002

Paper on offer              :   EF Bills

Issue number                :   H274

Issue date                  :   2 October 2002

Maturity date               :   2 April 2003

Amount applied              :   HK$7,420 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.61 PCT

Highest yield accepted      :   1.63 PCT

Pro rata ratio              :   About 25 PCT

Average tender yield        :   1.66 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 7 Oct 02 :-

Tender date                 :   8 October 2002

Paper on offer              :   EF Bills

Issue number                :   Q240

Issue date                  :   9 October 2002

Maturity date               :   8 January 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,060 MN

End/Monday, September 30, 2002
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