Exchange Fund Bills Tender Results

Tender date                 :   31 December 2002

Paper on offer              :   EF Bills

Issue number                :   Q252

Issue date                  :   2 January 2003

Maturity date               :   2 April 2003

Amount applied              :   HK$13,270 MN

Amount allotted             :   HK$2,117 MN

Average yield accepted      :   1.29 PCT

Highest yield accepted      :   1.30 PCT

Pro rata ratio              :   About 10 PCT

Average tender yield        :   1.31 PCT

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Hong Kong Monetary Authority
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Tender to be held in the week beginning - 6 Jan 03 :-

Tender date                 :   7 January 2003

Paper on offer              :   EF Bills

Issue number                :   Q301

Issue date                  :   8 January 2003

Maturity date               :   9 April 2003

Tenor                       :   91 Days

Amount on offer             :   HK$2,067 MN

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

Tender date                 :   7 January 2003

Paper on offer              :   EF Bills

Issue number                :   H355

Issue date                  :   8 January 2003

Maturity date               :   9 July 2003

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, December 31, 2002
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