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Postal services during Lunar New Year holidays
The Postmaster General, Mr Robert Footman, announced today (Tuesday) that a special mail delivery will be provided on Lunar New Year's Eve, February 6 (Thursday).
No delivery will be made on February 7, 8 and 9 (Friday, Saturday and Sunday).
In addition, one mail collection will be arranged for all street boxes (except those located on outlying islands and in remote areas) on February 6 and February 8.
All post offices will be closed during the Lunar New Year holidays.
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Tender for 16th issue of two-year Exchange Fund notes
The Hong Kong Monetary Authority announced today (Tuesday) that the tender for the 16th issue of two-year Exchange Fund notes will be held on Monday, February 10 for settlement on Tuesday, February 11.
Similar to the previous issue, an amount of HK$500 million two-year notes will be on offer. In addition to that, another HK$100 million will be held as reserve by the Hong Kong Monetary Authority for supply to market makers in the secondary market.
The notes will mature on February 11, 1999 and will carry interest at the rate of 5.66% per annum payable semi-annually in arrears.
Members of the public who wish to tender for the notes may do so through any of the market makers or recognised dealers on the published list which can be obtained from the Hong Kong Monetary Authority, 30th floor, 3 Garden Road, Hong Kong (or telephone 2878 8150). Each tender must be for an amount of HK$50,000 or integral multiples thereof.
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Private notes are available after approval.