Tender for the Fifteenth Issue of
The Hong Kong Mortgage Corporation Limited Note Issuance Programme
The Hong Kong Monetary Authority (HKMA) announced today (10 August 2000) the tender for the fifteenth issue of The Hong Kong Mortgage Corporation Limited (HKMC) Note Issuance Programme to be held on 16 August 2000 (Wednesday).
An amount of HK$500 million in HKMC Notes will be offered for settlement on 17 August 2000 (Thursday). The 2-year Notes, which mature on 19 August 2002, will carry interest at the fixed rate of 6.25% per annum payable semi-annually in arrears. Terms and conditions of the issue are described fully in the Prospectus.
The HK$500 million HKMC Notes issue is the fifteenth tranche of the HK$20 billion HKMC Note Issuance Programme in which the HKMA acts as the arranger, custodian, agent and operator. The HKMC Notes, which are denominated in HK$50,000, will be cleared through the Central Moneymarkets Unit (CMU). Each tender must be for an amount of HK$50,000 or integral multiples thereof.
The HKMC will use the proceeds to support its mortgage purchase programme.
Hong Kong Monetary Authority
10 August 2000
Tender information for the fifteenth issue of The Hong Kong Mortgage Corporation Limited Note Issuance Programme :-
| Issue Number | : | S208 |
| Tender Date and Time | : | Wednesday 16 August 2000 9:30 a.m. to 10:30 a.m. |
| Issue and Settlement Date | : | 17 August 2000 |
| Amount on Offer | : | HK$500 million |
| Maturity | : | Two years |
| Maturity Date | : | 19 August 2002 |
| Interest Rate | : | 6.25% p.a. |
| Interest Payment Dates | : | 19 February 2001 17 August 2001 18 February 2002 19 August 2002 |
| Tender Amount | : | Each tender must be for an amount of HK$50,000 or integral multiples thereof. |
Hong Kong Monetary Authority
10 August 2000
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