XN000022-1994-02-01 — Page 17

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TUESDAY, FEBRUARY 1, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER RESULTS

* * * * *

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AVERAGE YIELD ACCEPTED

HIGHEST YIELD ACCEPTED

1 FEB 94

EF BILLS

Q405

HKD 4,050 MN

HKD 1,200 MN

2.96 PCT

2.97 PCT

1 FEB 94

EF BILLS

H457

HKD 1,570 MN

HKD 500 MN

3.07 PCT

3.08 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

ABOUT 35 PCT

ABOUT 100 PCT

3.08 PCT

3.12 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER TO BE HELD IN THE WEEK BEGINNING 7 FEBRUARY 1994

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

8 FEB 94

EF BILLS

Q406

9 FEB 94

11 MAY 94

91 DAYS

HKD 1,300 + 260 MN

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