Exchange Fund Bills Tender Results

Tender date                 :   19 November 2002

Paper on offer              :   EF Bills

Issue number                :   Q246

Issue date                  :   20 November 2002

Maturity date               :   19 February 2003

Amount applied              :   HK$17,540 MN

Amount allotted             :   HK$3,133 MN

Average yield accepted      :   1.41 PCT

Highest yield accepted      :   1.41 PCT

Pro rata ratio              :   About 38 PCT

Average tender yield        :   1.43 PCT

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Tender date                 :   19 November 2002

Paper on offer              :   EF Bills

Issue number                :   Y296

Issue date                  :   20 November 2002

Maturity date               :   19 November 2003

Amount applied              :   HK$9,020 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.58 PCT

Highest yield accepted      :   1.59 PCT

Pro rata ratio              :   About 45 PCT

Average tender yield        :   1.61 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 25 Nov 02 :-

Tender date                 :   26 November 2002

Paper on offer              :   EF Bills

Issue number                :   Q247

Issue date                  :   27 November 2002

Maturity date               :   26 February 2003

Tenor                       :   91 Days

Amount on offer             :   HK$3,604 MN

* * * * * * * * * * *

Tender date                 :   26 November 2002

Paper on offer              :   EF Bills

Issue number                :   H278

Issue date                  :   27 November 2002

Maturity date               :   28 May 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, November 19, 2002
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