XN000022-1991-05-28 — Page 14

13

TUESDAY, MAY 28, 1991

H003

29.5.91

70

+190

H004

12.6.91

160

+100

H005

26.6.91

260

+0

8101

10.7.91

73

+187

H156

24.7.91

170

+90

H157

7.8.91

159.5

+100.5

H158

21.8.91

200

+60

#159

4.9.91

150

+110

A160

18.9.91

360

- 100

H161

2.10.91

120

+140

H162

17.10.91

134

+126

H163

30.10.91

120

+140

HONG KONG GOVERNMENT EXCHANGE FUND

364-DAY EXCHANGE FUND BILLS

HKEK

ISSUE

NUMBER

Y187

Y188

Y 189

Y 190

MATURING ON

OUTSTANDING

$ MILLION

26.2.92

260

+0

25.3.92

170

+90

22.4.92

200

+60

220

+40

20.5.92

AVERAGE DAILY TRANSFER FOR WERK ENDING 24.5.91 WAS 3,588 MN

0

INTEREST ON TAX RESERVE CERTIFICATES

*

SECRETARY HAS PAYABLE ON TAX RESERVE

A LEGAL NOTICE TO THE EFFECT THAT THE FINANCIAL AUTHORISKD AN INCREASE IN THE INTEREST RATE CERTIFICATES WAS GAZETTED YESTERDAY (MONDAY).

OF INTEREST OF 6.60

AS FROM TOMORROW (WEDNESDAY), THE NEW ANNUAL RATE WILL BE 7.56 PER CENT (TAX FREE) AS AGAINST THE CURRENT RATE PER CENT (TAX FREE).

INTEREST ON TAX RESERVE CERTIFICATES 18 CALCULATED

PER MONTI! PER $100. STEPS AND THE NEW RATE WILL BE $0.63

IN RESPECT OF COMPLETE WILL BE CREDITED AS BEFORE PURCHASE AND SURRENDER IN PAYMENT OF TAX.

IN

MONTHLY INTEREST MONTHS BETWEEN

INTEREST IS ONLY CREDITED WHEN CERTIFICATES TAX AND NO INTEREST IS DUE WHERE THE PRINCIPAL VALUE OF A IS REPAID BY A CHEQUE.

THE NRW RATE WILL APPLY TO ALL CERTIFICATES ISSUED ON OR

TOMORROW.

AFTER

ARE USED TO PAY CERTIFICATE

CERTIFICATES WHICH WERE ISSUED BEFORE TO FARN INTEREST AS FOLLOWS:

TOMORROW WILL CONTINUE

/6.36 PER CENT :

+