XN000022-1994-04-06 — Page 6

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WEDNESDAY, APRIL 6, 1994

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

HONG KONG GOVERNMENT EXCHANGE FUND TENDER RESULTS

AVERAGE YIELD ACCEPTED

HIGHEST YIELD ACCEPTED

* * *

6 APR 94

EF BILLS

Q414

HKD4,260 MN

HKD1,500 MN

3.84 POT

3.86 PCT

ABOUT 9 PCT

PRO RATA RATIO

AVERAGE TENDER YIELD

3.87 PCT

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 11 APR 94

―

TENDER DATE

PAPER ON offer

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

12 APR 94

EF BILLS

Q415

13 APR 94

13 JUL 94

91 DAYS

HKD1,500 + 300 MN

12 APR 94

EF BILLS

H462

13 APR 94

12 OCT 94

182 DAYS

HKD500 + 100 MN

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