XN000022-1996-06-04 — Page 13

- 12 -

Hong Kong Monetary Authority tender results

Tender date

4 June 96

4 June 96

Paper on offer

EF bills

EF bills

Issue number

Q623

H666

Issue date

5 June 96

5 June 96

Maturity date

Amount applied

Amount allotted

Average yield accepted

4 Sept 96

4 Dec 96

HK$5.670 MN

HK$2.680 MN

HK$1,500 MN

HK$800 MN

5.14 PCT

5.28 PCT

Highest yield accepted

5.15 PCT

5.29 PCT

Pro rata ratio

About 6 PCT

About 35 PCT

Average tender yield

5.16 PCT

5.30 PCT

Hong Kong Monetary Authority

Tenders to be held in the week beginning June 10, 1996 -

Tender date

10 June 96

11 June 96

11 June 96

Paper on offer

EF notes

EF bills

EF bills

Issue number

5106

Q624

Issue date

11 June 96

12 June 96

Y690

12 June 96

Maturity date

11 June 2001

11 Sept 96

11 June 97

Tenor

5 years

91 days

Amount on offer

HK$500+100MN

364 days

HK$1,500+300MN HK$500+150MN

Coupon

7.23 PCT

End