TUESDAY, JANUARY 18, 1994
24
HONG KONG GOVERNMENT EXCHANGE FUND
TENDER RESULTS
TENDER DATE
PAPER ON OFFER
ISSUE NUMBER
AMOUNT APPLIED
AMOUNT ALLOTTED
AVERAGE YIELD ACCEPTED
HIGHEST YIELD ACCEPTED
PRO RATA RATIO
AVERAGE TENDER YIELD
18 JAN 94
18 JAN 94
EF BILLS
Q403
HK$5,580 MN
HK$1,200 MN
EF BILLS
H456
HK$3,110 MN
HK$500 MN
2.92 PCT
2.93 PCT
3.08 PCT
3.08 PCT
ABOUT 39 PCT
ABOUT 34 PCT
2.96 PCT
3.10 PCT
HONG KONG GOVERNMENT EXCHANGE FUND
TENDERS TO BE HELD IN THE WEEK BEGINNING 24 JANUARY 1994
TENDER DATE
24 JANUARY 94
25 JANUARY 94
25 JANUARY 94
PAPER ON OFFER
ISSUE NUMBER
ISSUE DATE
EF NOTES
EF BILLS
3701
Q404
25 JANUARY 94
MATURITY DATE
27 JANUARY 97
TENOR
3 YEARS
26 JANUARY 94
27 APRIL 94
91 DAYS
EF BILLS
Y485
26 JANUARY 94
25 JANUARY 95
364 DAYS
AMOUNT ON OFFER
COUPON
HK$500 + 100 MN
HK$1,200 + 240MN
HK$400 + 120MN
4.6 PCT
/25