XN000022-1997-04-22 — Page 16

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Hong Kong Monetary Authority tender results

Tender date

:

22 April 1997

Paper on offer

:

EF Bills

Issue number

:

Q077

Issue date

:

23 April 1997

Maturity date

21 May 1997

Amount applied

:

HK$10,730 MN

Amount allotted

:

HK$5,000 MN

Average yield accepted

:

5.33 PCT

Highest yield accepted

:

5.35 PCT

Pro rata ratio

:

About 20 PCT

Average tender yield

:

5.36 PCT