XN000022-1992-05-11 — Page 6

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MONDAY, MAY 11, 1992

TAIWAN'S ORIGIN REQUIREMENT EXTENDS TO ALL TRADING PARTNERS

TRADE DEPARTMENT CONFIRMED THAT

IT HAD RECEIVED INFORMATION OF ORIGIN REQUIREMENT FOR TEXTILES AND BE EXTENDED TO COVER ALL SUCH IMPORTS ORIGIN WITH EFFECT FROM JUNE 15.

THAT TAIWAN'S CERTIFICATE CLOTHING PRODUCTS WOULD IRRESPECTIVE OF COUNTRY OF

THE CONFIRMATION WAS MADE IN A COMMERCIAL

ISSUED TODAY (MONDAY).

INFORMATION CIRCULAR

HAD

ΤΟ UNDER THE REVISED ARRANGEMENTS, IMPORTS FROM HONG KONG

OF ORIGIN ISSUED BE COVERED, WITH IMMEDIATE EFFECT, BY CERTIFICATES BY ONE OF THE FOLLOWING ORGANISATIONS:

HONG KONG GOVERNMENT TRADE DEPARTMENT, THE HONG KONG GENERAL

OF CHAMBER OF COMMERCE, THE INDIAN CHAMBER

COMMERCE, FEDERATION OF HONG KONG INDUSTRIES, THE CHINESE MANUFACTURERS' ASSOCIATION CHINESE GENERAL CHAMBER OF COMMERCE.

AND THE

THIRD ISSUE OF GOVT BONDS TO BE TENDERED NEXT MONDAY

* * * * *

(MONDAY)

HELD

THAT NEXT

THE OFFICE OF THE EXCHANGE FUND ANNOUNCES TODAY THE TENDER FOR THE THIRD ISSUE OF GOVERNMENT BONDS WILL BE MONDAY (MAY 18) FOR SETTLEMENT ON TUESDAY (MAY 19).

A TOTAL OF HK$500 MILLION TWO-YEAR BONDS WILL BE ON OFFER.

ANOTHER

BE

MILLION HK$100

WILL IN ADDITION TO THIS AMOUNT,

FOR THE PURPOSES HELD AS RESERVE BY THE OFFICE OF THE EXCHANGE FUND OF LAST RESORT SUPPLY TO MARKET MAKERS OF GOVERNMENT BONDS.

CARRY

THE BONDS WILL MATURE ON THURSDAY, MAY 19, 1994 AND WILL

OF

PER 5.5%

ANNUM PAYABLE SEMI-ANNUALLY IN INTEREST AT THE RATE ARREARS.

OFFICE

18

ON OF THE

MAY DO THE

HARCOURT

MEMBERS OF THE PUBLIC WHO WISH TO TENDER FOR THE BONDS SO THROUGH ANY OF THE MARKET MAKERS OR RECOGNISED DEALERS PUBLISHED

CAN LIST,

BE OBTAINED FROM THE WHICH EXCHANGE FUND ON 24TH FLOOR, ADMIRALTY CENTRE, TOWER II, ROAD, HONG KONG (OR TELEPHONE 528 9110).

EACH TENDER MUST BE FOR AN

OF AMOUNT

HK$50,000

OR

INTEGRAL

MULTIPLES THEREOF.

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