XN000022-1995-11-28 — Page 20

- 19 -

Hong Kong Monetary Authority tender results

Tender date

28 Nov 1995

28 Nov 1995

Paper on offer

EF BILLS

Issue number

Q549

Amount applied

HK$5,020 MN

EF BILLS

Y596

HK$2,550 MN

Amount allotted

HK$1,500 MN

HK$500 MN

Average yield accepted

5.57 PCT

5.57 PCT

Highest yield accepted

5.58 PCT

5.58 PCT

Pro rata ratio

About 54 PCT

About 3 PCT

Average tender yield

5.59 PCT

5.59 PCT

Hong Kong Monetary Authority

Tenders to be held in the week beginning 4 DEC 1995

Tender date

5 DEC 1995

5 DEC 1995

Paper on offer

Issue number

Issue date

EF BILLS

Q549

6 DEC 1995

Maturity date

6 MAR 1996

Tenor

91 DAYS

Amount on offer

End/Tuesday, November 28, 1995

HK$1,500+300MN

EF BILLS

H579

6 DEC 1995

5 JUN 1996

182 DAYS

HK$800+160MN

Page 20Page 21