Exchange Fund Bills Tender Results

Tender date                 :   12 November 2002

Paper on offer              :   EF Bills

Issue number                :   Q245

Issue date                  :   13 November 2002

Maturity date               :   12 February 2003

Amount applied              :   HK$16,359 MN

Amount allotted             :   HK$3,071 MN

Average yield accepted      :   1.33 PCT

Highest yield accepted      :   1.34 PCT

Pro rata ratio              :   About 8 PCT

Average tender yield        :   1.36 PCT

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Tender date                 :   12 November 2002

Paper on offer              :   EF Bills

Issue number                :   H277

Issue date                  :   13 November 2002

Maturity date               :   14 May 2003

Amount applied              :   HK$9,765 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.39 PCT

Highest yield accepted      :   1.39 PCT

Pro rata ratio              :   About 62 PCT

Average tender yield        :   1.42 PCT

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Hong Kong Monetary Authority

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Tender to be held in the week beginning - 18 Nov 02 :-

Tender date                 :   19 November 2002

Paper on offer              :   EF Bills

Issue number                :   Q246

Issue date                  :   20 November 2002

Maturity date               :   19 February 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,133 MN

* * * * * * * * * * *

Tender date                 :   19 November 2002

Paper on offer              :   EF Bills

Issue number                :   Y296

Issue date                  :   20 November 2002

Maturity date               :   19 November 2003

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, November 12, 2002
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