XN000022-1996-10-29 — Page 10

- 9

Hong Kong Monetary Authority tender results

Tender date

Paper on offer

Issue number

Issue date

29 Oct 1996

EF bills

Q644

30 Oct 1996

29 Oct 1996

EF bills

Y695

30 Oct 1996

Maturity date

29 Jan 1997

29 Oct 1997

Coupon

Amount applied

HK$6,050 MN

HK$2,562 MN

Amount allotted

HK$1,500 MN

HK$500 MN

Average yield accepted

4.94 PCT

5.33 PCT

Highest yield accepted

4.95 PCT

5.33 PCT

Pro rata ratio

About 8 PCT

About 54 PCT

Average tender yield

4.96 PCT

5.35 PCT

Hong Kong Monetary Authority

Tenders to be held in the week beginning 4 Nov 1996

Tender date

5 Nov 1996

5 Nov 1996

Paper on offer

Issue number

EF bills

Q645

Issue date

6 Nov 1996

EF bills

H677

6 Nov 1996

Maturity date

5 Feb 1997

7 May 1997

Tenor

Amount on offer

91 days

HK$1,500+300MN

182 days

HK$800+160MN

End

Page 10Page 11