XN000022-1994-03-22 — Page 17

TUESDAY, MARCH 22, 1994

16

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER RESULTS

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AVERAGE YIELD ACCEPTED

HIGHEST YIELD ACCEPTED

22 MAR 94

EF BILLS

Q412

HKD3,860 MN

HKD1,500 MN

3.79 PCT

3.81 PCT

22 MAR 94

EF BILLS

Y487

HKD1,840 MN

HKD400 MN

4.43 PCT

4.44 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

ABOUT 16 PCT

3.82 PCT

ABOUT 35 PCT

4.52 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 28 MARCH 1994

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

29 MAR 94

EF BILLS

Q413

30 MAR 94

29 JUN 94

91 DAYS

HKD1,500 + 300 MN

29 MAR 94

EF BILLS

H461

30 MAR 94

28 SEPT 94

182 DAYS

HKD500 + 100 MN

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