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Tender of 5-Year Exchange Fund Notes The Hong Kong Monetary Authority (HKMA) announces that a tender of 5-year Exchange Fund Notes will be held on Friday 9 June 2006 for settlement on Monday 12 June 2006. An amount of HK$1,000 million 5-year Notes will be on offer solely for competitive tender. The Notes will mature on 13 June 2011 and will carry interest at the rate of 4.57% 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 HKMA at 55/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong (telephone 2878 1465), or from the HKMA's website at http://www.hkma.gov.hk. They may also submit their tender applications through brokers who are Exchange Participants of the Stock Exchange of Hong Kong via Hong Kong Securities Clearing Company Limited (HKSCC) or, for those who hold Investor Accounts at HKSCC, directly through HKSCC. HKSCC will collect tender applications from its participants and submit them to the HKMA for processing. Each tender must be for an amount of HK$50,000 or integral multiples thereof. The tender results will be published on the HKMA’s website, the Reuters screen (HKMAOOE), Bloomberg, the Telerate screen (9913) and CCASS terminal for CCASS Broker/Custodian/Participants. CCASS Investor Participants can also enquire about the tender results through the CCASS Phone System. Hong Kong Monetary Authority
HONG KONG MONETARY AUTHORITY ______________________________________________________ Tender information of 5-Year Exchange Fund Notes :- Issue Number : 5106 Stock code : 4153 (EFN 4.57 1106) Tender Date : Friday, 9 June 2006 and Time 9:30 a.m. to 10:30 a.m. Issue and Settlement : Monday, 12 June 2006 Date Amount on Offer : HK$1,000 million
(solely for competitive
tender)
Maturity : Five years Maturity Date : 13 June 2011 Interest Rate : 4.57% p.a. Interest Payment Dates : 12 Dec 2006
12 Jun 2007
12 Dec 2007
12 Jun 2008
12 Dec 2008
12 Jun 2009
14 Dec 2009
14 Jun 2010
13 Dec 2010
13 Jun 2011
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
Recognised Dealers on the
published list, Hong Kong
Securities Clearing Company
Limited, or brokers who are
Exchange Participants of the
Stock Exchange of Hong Kong
Other details : Please see Information
Memorandum published or
approach Market Makers,
Recognised Dealers, Hong Kong
Securities Clearing Company
Limited, or brokers who are
Exchange Participants of the
Stock Exchange of Hong Kong
Expected commencement : 13 June 2006 date of dealing on the Stock Exchange of Hong Kong Price/Yield Table of the new EFN at tender for reference* only :- Yield-to-Maturity Price Yield-to-Maturity Price 3.57 104.69 4.57 100.23
3.62 104.46 4.62 100.01
3.67 104.23 4.67 99.79
3.72 104.01 4.72 99.58
3.77 103.78 4.77 99.36
3.82 103.55 4.82 99.15
3.87 103.33 4.87 98.93
3.92 103.10 4.92 98.72
3.97 102.88 4.97 98.51
4.02 102.65 5.02 98.30
4.07 102.43 5.07 98.09
4.12 102.20 5.12 97.87
4.17 101.98 5.17 97.66
4.22 101.76 5.22 97.45
4.27 101.54 5.27 97.25
4.32 101.32 5.32 97.04
4.37 101.10 5.37 96.83
4.42 100.88 5.42 96.62
4.47 100.66 5.47 96.41
4.52 100.44 5.52 96.21
4.57 100.23 5.57 96.00
* Disclaimer The information provided here is for reference only. Although extreme care has been taken to ensure that the information provided is accurate and up-to-date, the HKMA does not warrant that all, or any part of, the information provided is accurate in all respects. You are encouraged to conduct your own enquiries to verify any particular piece of information provided on it. The HKMA shall not be liable for any loss or damage suffered as a result of any use or reliance on any of the information provided here. Hong Kong Monetary Authority
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