XN000022-1993-02-02 — Page 7

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

6

TUESDAY, FEBRUARY 2, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER RESULTS

* * * *

2 FEB 93

EF BILLS

Q305

2 FEB 93

EF BILLS

H357

HKD 3,475 MN

HKD 1,540 MN

AMOUNT ALLOTTED

AVERAGE YIELD ACCEPTED

HKD 800 MN

3.03 PCT

HIGHEST YIELD ACCEPTED

3.05 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

ABOUT 81 PCT

3.09 PCT

HKD 300 MN

3.31 PCT

3.33 PCT

ABOUT 28 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

3.38 PCT

TENDERS TO BE HELD IN THE WEEK BEGINNING 8 FEBRUARY 1993

-

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

9 FEB 93

EF BILLS

Q306

10 FEB 93

12 MAY 93

91 DAYS

HKD $1,000 MN +200 MN

0

-

17