Exchange Fund Bills Tender Results

Tender date                 :   26 November 2002

Paper on offer              :   EF Bills

Issue number                :   Q247

Issue date                  :   27 November 2002

Maturity date               :   26 February 2003

Amount applied              :   HK$24,680 MN

Amount allotted             :   HK$3,604 MN

Average yield accepted      :   1.29 PCT

Highest yield accepted      :   1.30 PCT

Pro rata ratio              :   About 3 PCT

Average tender yield        :   1.32 PCT

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

Tender date                 :   26 November 2002

Paper on offer              :   EF Bills

Issue number                :   H278

Issue date                  :   27 November 2002

Maturity date               :   28 May 2003

Amount applied              :   HK$8,700 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.34 PCT

Highest yield accepted      :   1.34 PCT

Pro rata ratio              :   About 98 PCT

Average tender yield        :   1.38 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 2 Dec 02 :-

Tender date                 :   3 December 2002

Paper on offer              :   EF Bills

Issue number                :   Q248

Issue date                  :   4 December 2002

Maturity date               :   5 March 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,553 MN

End/Tuesday, November 26, 2002
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