Tender for the Nineteenth
Issue of 2-Year Exchange Fund Notes to be held on Monday, 10
November 1997
The Hong Kong Monetary Authority
announces that the tender for the nineteenth issue of 2-year
Exchange Fund Notes will be held on Monday, 10 November 1997
for settlement on Tuesday, 11 November 1997.
Similar to the previous issue,
an amount of HK$500 million 2-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 11 November
1999 and will carry interest at the rate of 7.75% 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 Recognized Dealers on the published list which can
be obtained from the Hong Kong Monetary Authority at 30/F, 3
Garden Road, Hong Kong (or telephone 2878 8150). Each tender
must be for an amount of HK$50,000 or integral multiples thereof.
Hong Kong Monetary Authority
3 November 1997
HONG KONG MONETARY AUTHORITY
EXCHANGE FUND NOTE PROGRAMME TENDER INFORMATION
Tender information
for the nineteenth issue of 2-Year Exchange Fund Notes :-
| Issue Number : |
2911 |
| Tender Date and Time : |
Monday 10 November 1997,
9:30 a.m. to 10:30 a.m. |
| Issue and Settlement Date : |
Tuesday 11 November 1997 |
| Amount on Offer : |
HK$500 million plus an additional
HK$100 million as reserve stock for the Monetary Authority |
| Maturity : |
Two years |
| Maturity Date : |
11 November 1999 |
| Interest Rate : |
7.75% per annum payable semi-annually
in arrears |
| Interest Payment Dates : |
11 May 1998, 11 Nov 1998,
11 May 1999, 11 Nov 1999 |
| Tender Amount : |
Each tender must be
for an amount of HK$50,000 or integral multiples thereof.
Members of the public who wish to tender for the Notes
may approach Market Makers or Recognized Dealers on
the published list |
| Other details : |
Please see Information Memorandum
published or approach Market Makers or Recognized Dealers |
Hong Kong Monetary Authority
3 November 1997
Updated On 11 Jan 1999
|
