XN000022-1996-08-13 — Page 7

Tender date

Paper on offer

Issue number

Issue date

13 Aug 1996

EF bills

Q633

14 Aug 1996

· 6 -

Hong Kong Monetary Authority tender results

13 Aug 1996

EF bills

H671

14 Aug 1996

Maturity date

13 Nov 1996

12 Feb 1997

Coupon

Amount applied

HK$6,540 MN

HK$2,810 MN

Amount allotted

HK$1,500 MN

HK$800 MN

Average yield accepted

5.15 PCT

5.29 PCT

Highest yield accepted

5.16 PCT

5.29 PCT

Pro rata ratio

About 43 PCT

About 96 PCT

Average tender yield

5.18 PCT

5.30 PCT

Hong Kong Monetary Authority

Tenders to be held in the week beginning 19 Aug 1996

Tender date

Paper on offer

Issue number

Issue date

Maturity date

Tenor

19 Aug 1996

EF notes

7308

20 Aug 1996

20 Aug 2003

7 Years

HK$500+100MN

20 Aug 1996

EF bills

Q634

21 Aug 1996

20 Nov 1996

91 Days

HK$1,500+300MN

Amount on offer

Coupon

End

7.24 PCT