XN000022-1997-04-28 — Page 8

Tender date

Paper on offer

Issue number

7

Hong Kong Monetary Authority tender results

28 April 1997

EF Notes

1704

Issue date

:

29 April 1997

Maturity date

:

30 April 2007

Coupon

:

7.45%

Amount applied

HK$2,650 MN

Amount allotted

:

HK$500 MN

Average price accepted (yield)

:

99.35 (7.69 PCT)

Lowest price accepted (yield)

:

99.35 (7.69 PCT)

Pro rata ratio

:

About 25 PCT

Average tender price (yield)

:

99.32 (7.69 PCT)

End