XN000022-1992-07-07 — Page 19

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TUESDAY, JULY 7, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER RESULTS

* *

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AVERAGE YIELD ACCEPTED

7 JULY 92

7 JULY 92

EF BILLS

Q228

HKD 3,155 MN

HKD 500 MN

EF BILLS

H268

HKD 1,560 MN

HKD 200 MN

2.78 PCT

2.56 PCT

HIGHEST YIELD ACCEPTED

2.58 PCT

2.82 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

ABOUT 4 PCT

2.64 PCT

ABOUT 57 PCT

2.88 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 13 JULY 1992 -

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

14 JULY 92

EF BILLS

Q229

15 JULY 92

14 OCT 92

91 DAYS

HKD 500 + 100 MN

—

14 JULY 92

EF BILLS

Y292

15 JULY 92

14 JULY 93

364 DAYS

HKD 200 + 60 MN

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