Tender for 14th issue of three-year Exchange Fund notes
The Hong Kong Monetary Authority announced today (Monday) that the tender for the fourteenth issue of three-year Exchange Fund notes will be held on Monday, January 13 for settlement on Tuesday, January 14.
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 14, 2000 and will carry interest at the rate of 6.17% 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, 30th floor, 3 Garden Road, Hong Kong (telephone 2878 8150).
Each tender must be for an amount of HK$50,000 or integral multiples thereof.
Tender information for the 14th issue of three-year Exchange Fund notes:
Issue number
Tender date and time
Issue and settlement date
Amount on offer
Maturity
Maturity date
Interest rate
Interest payment dates
: 3001
:Monday, 13 January 1997,
9.30 am to 10.30 am
: Tuesday, 14 January 1997
: HK$500 million plus an additional HK$100 million as
reserve stock for the Monetary Authority
: Three years
: 14 January 2000
: 6.17% per annum payable semi-annually in arrears
: 14 Jul 1997, 14 Jan 1998,
14 Jul 1998, 14 Jan 1999, 14 Jul 1999, 14 Jan 2000
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