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For further information please contact:
Mr AR Hearder
Mr N P Etches
2867 2426
2826 7236
Mr GCK Tam
Joint Special Managers
End/Tuesday, January 17, 1995
2826 7259
Tender for sixth issue of 3-year Exchange Fund Notes
The Hong Kong Monetary Authority announces that the tender for the sixth issue of three-year Exchange Fund Notes will be held next Monday (January 23) for settlement on Tuesday (January 24).
Similar to the previous issue, an amount of HK$500 million three-year notes will be on offer.
In addition to that, another HK$100 million will be held as reserve by the Hong Kong Monetary Authority for supply to Market Makers in the secondary market.
The notes will mature on January 26, 1998 and will carry interest at the rate of eight per cent per annum payable semi-annually in arrears.
Members of the public who wish to tender for the notes may do so through any of the Market Makers or Recognised Dealers on the published list which can be obtained from the Hong Kong Monetary Authority on 30th floor, 3 Garden Road, Hong Kong (or telephone 2878 8150).
Each tender must be for an amount of HK$50,000 or integral multiples thereof.
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