XN000022-1997-03-11 — Page 19

- 17 -

Tender date

:

11 March 1997

Paper on offer

:

EF Bills

Issue number

:

11760

Issue date

:

12 March 1997

Maturity date

: 10 September 1997

Amount applied

:

HK$3.130 MN

Amount allotted

:

HK$1,000 MN

Average yield accepted

:

5.10 PCT

Highest yield accepted

:

5.12 PCT

Pro rata ratio

:

About 33 PCT

Average tender yield

:

5.16 PCT

Hong Kong Monetary Authority tender to be held in the week beginning - 17 March 1997:

Tender date

:

17 March 1997

Paper on offer

:

EF Notes

Issue number

Issue date

5203

:

:

18 March 1997

Maturity date

:

18 March 2002

Tenor

:

5 Years

Amount on offer

:

HK$500 MN + 100 MN

Coupon

:

6.55 pct