Exchange Fund Bills Tender Results

Tender date                 :   15 October 2002

Paper on offer              :   EF Bills

Issue number                :   Q241

Issue date                  :   16 October 2002

Maturity date               :   15 January 2003

Amount applied              :   HK$13,030 MN

Amount allotted             :   HK$2,075 MN

Average yield accepted      :   1.76 PCT

Highest yield accepted      :   1.76 PCT

Pro rata ratio              :   About 59 PCT

Average tender yield        :   1.79 PCT

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Tender date                 :   15 October 2002

Paper on offer              :   EF Bills

Issue number                :   H275

Issue date                  :   16 October 2002

Maturity date               :   16 April 2003

Amount applied              :   HK$8,040 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.76 PCT

Highest yield accepted      :   1.78 PCT

Pro rata ratio              :   About 75 PCT

Average tender yield        :   1.82 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 21 Oct 02 :-

Tender date                 :   22 October 2002

Paper on offer              :   EF Bills

Issue number                :   Q242

Issue date                  :   23 October 2002

Maturity date               :   22 January 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,229 MN

* * * * * * * * * *

Tender date                 :   22 October 2002

Paper on offer              :   EF Bills

Issue number                :   Y295

Issue date                  :   23 October 2002

Maturity date               :   22 October 2003

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, October 15, 2002
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