XN000022-1996-12-17 — Page 13

-

12 -

Hong Kong Monetary Authority tender results

Tender date

:

17 December 1996

Paper on offer

:

EF Bills

Issue number

:

Q651

Issue

:

18 December 1996

Maturity date

:

19 March 1997

Amount applied

:

HK$5,130 MN

Amount allotted

:

HK$2,000 MN

Average yield accepted

:

4.62 PCT

Highest yield accepted

4.63 PCT

Pro rata ratio

:

About 63 PCT

Average tender yield

:

4.64 PCT

Tender date

:

17 December 1996

Paper on offer

:

EF Bills

Issue number

:

H680

Issue

:

18 December 1996

Maturity date

:

18 June 1997

Amount applied

:

HK$3,770 MN

Amount allotted

HK$1,000 MN

Average yield accepted

4.88 PCT

Highest yield accepted

:

4.89 PCT

Pro rata ratio

:

About 11 PCT

Average tender yield

:

4.90 PCT

+