Exchange Fund Bills Tender Results

Tender date                 :   8 October 2002

Paper on offer              :   EF Bills

Issue number                :   Q240

Issue date                  :   9 October 2002

Maturity date               :   8 January 2003

Amount applied              :   HK$15,660 MN

Amount allotted             :   HK$2,060 MN

Average yield accepted      :   1.63 PCT

Highest yield accepted      :   1.63 PCT

Pro rata ratio              :   About 97 PCT

Average tender yield        :   1.66 PCT

---------------------------
Hong Kong Monetary Authority
****************************

Tender to be held in the week beginning - 15 Oct 02 :-

Tender date                 :   15 October 2002

Paper on offer              :   EF Bills

Issue number                :   Q241

Issue date                  :   16 October 2002

Maturity date               :   15 January 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,075 MN

* * * * * * * * * *

Tender date                 :   15 October 2002

Paper on offer              :   EF Bills

Issue number                :   H275

Issue date                  :   16 October 2002

Maturity date               :   16 April 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, October 8, 2002
NNNN