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MONDAY, MAY 10, 1993

HONG KONG GOVERNMENT

EXCHANGE FUND NOTE PROGRAMME

TENDER INFORMATION

Tender information for first issue of Exchange Fund Notes:

Issue Number

Tender Date and Time

Issue and Settlement Date :

Amount on Offer

Maturity

Maturity Date

interest Rate

Interest Payment Dates

Tender Amount

Other details

:

:

2503

Monday 17 May 1993, 9:30 am to 10:30 a.m.

Tuesday 18 May 1993

HKD 500 million plus an additional HKD 100 million as reserve stock for the Monetary Authority

Two years

18 May 1995

3.75% per annum payable semi-annually in arrears

18 November 1993. 18 May 1994 18 November 1994, 18 May 1995

Each tender must be for an amount of HKD 50,000 or integral multiples thereof. Members of the public who wish to terder for the Notes may approach Market Makers or Recognized Dealers on the published list

Please see Information Memorandum published or approach Market Makers or Recognized Dealers

Hong Kong Monetary Authority

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