XN000022-1996-02-22 — Page 5

4.

Hong Kong Monetary Authority tender results

Tender date

Paper on offer

Issue number

Issue date

Maturity date

Amount applied

Amount allotted

Average yield accepted

22 Feb 1996

EF bills

Q608

23 Feb 1996

22 May 1996

HK$3,460 MN

HK$1,500 MN

22 Feb 1996

EF bills

Y686

23 Feb 1996

19 Feb 1997

HK$1,650 MN

HK$500 MN

4.92 PCT

4.99 PCT

Highest yield accepted

4.93 PCT

5.02 PCT

Pro rata ratio

About 80 PCT

About 40 PCT

Average tender yield

4.94 PCT

5.02 PCT

Hong Kong Monetary Authority

Tenders to be held in the week beginning 26 Feb 1996

Tender date

26 Feb 1996

27 Feb 1996

27 Feb 1996

Paper on offer

EF notes

EF bills

EF bills

Issue number

7302

Q609

Issue date

27 Feb 1996

28 Feb 1996

Maturity date

27 Feb 2003

29 May 1996

H659

28 Feb 1996

28 Aug 1997

Tenor

7 years

91 days

182 days

Amount on offer

HK$500+100MN

HK$1,500+300MN HK$800+160MN

Coupon

6.02 PCT

End