XN000022-1992-10-13 — Page 21

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TUESDAY, OCTOBER 13, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER RESULTS

* * * * *

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

13 OCT 92

EF BILLS

Q242

HKD 1,875 MN

HKD 800 MN

AVERAGE YIELD ACCEPTED 2.70 PCT

HIGHEST YIELD ACCEPTED 2.74 PCT

13 OCT 92

EF BILLS

H275

HKD 740 MN

HKD 300 MN

2.82 PCT

2.85 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

ABOUT 4 PCT

2.74 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

ABOUT 22 PCT

2.88 PCT

TENDERS TO BE HELD IN THE WEEK BEGINNING 19 OCTOBER 1992

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

20 OCT 92

EF BILLS

Q243

21 OCT 92

20 JAN 93

91 DAYS

HKD 800+160 MN

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