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Improvement measures taken
In response to media enquiries on a complaint to the Ombudsman against delay in endorsing a hearing assessment report, a spokesman for the Education Department said today (Monday):
"This was an unfortunate case and it helped to focus on the need to review and improve our registry procedures. We have taken steps to prevent recurrence, including the Ombudsman's suggestion for setting up a register to keep track of file movement.
"We are pleased to see that the student concerned has integrated and adjusted well in her present school."
End
Tender for fifteenth issue of 3-year Exchange Fund Notes
The Hong Kong Monetary Authority announces that the tender for the fifteenth issue of 3-year Exchange Fund Notes will be held on Monday, 14 April 1997 for settlement on Tuesday, 15 April 1997.
Similar to the previous issue, an amount of HK$500 million 3-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 17 April 2000 and will carry interest at the rate of 6.50% 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 Recognized Dealers on the published list which can be obtained from the Hong Kong Monetary Authority at 30/F, 3 Garden Road, Hong Kong (or telephone 2878 8150). Each tender must be for an amount of HK$50,000 or integral multiples thereof.