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Water storage figure
Storage in Hong Kong's reservoirs at 9 am today (Monday) stood at 96.1 per cent of capacity or 563.387 million cubic metres.
This time last year the reservoirs contained 577.546 million cubic metres of water, representing 98.5 per cent of capacity.
End
Tender for fifth issue of seven-year exchange fund notes
The Hong Kong Monetary Authority announced today (Monday) that the tender for the fifth issue of seven-year exchange fund notes will be held on Monday (November 25) for settlement on Tuesday (November 26).
An amount of HK$500 million seven-year notes will be offered. 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 November 26, 2003 and will carry interest at the rate of 6.8% per annum payable semi-annually in arrears. Terms and conditions of the issue are described fully in the Information Memorandum.
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, 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.
Tender information for the fifth issue of seven-year exchange fund notes is as
follows:
Issue Number
:
7311
Tender date and time
:
Monday, 25 November 1996,
9.30 to 10.30 am
Issue and settlement date
:
Tuesday, 26 November 1996