Tender for the twenty-third Issue of
The Hong Kong Mortgage Corporation Limited Note Issuance Programme
The Hong Kong Monetary Authority (HKMA) announced today (27 February 2001) that the tender for the twenty-third issue of The Hong Kong Mortgage Corporation Limited (HKMC) Note Issuance Programme will be held on 5 March 2001 (Monday).
An amount of HK$1,000 million in HKMC Bills will be offered for settlement on 6 March 2001 (Tuesday). The 364-day Bills will be fully redeemed on 5 March 2002. Terms and conditions of the issue are described fully in the Prospectus.
The HK$1,000 million HKMC Bills issue is the seventh Discount Bills to be issued under the HK$20 billion HKMC Note Issuance Programme in which the HKMA acts as the arranger, custodian, agent and operator. The HKMC Bills, 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 general funding purposes.
Hong Kong Monetary Authority
27 February 2001
Tender information for the twenty-third issue of The Hong Kong Mortgage Corporation Limited Note Issuance Programme :-
| Issue Number | : | S007 |
| Tender Date and Time | : | Monday 5 March 2001 9:30 a.m. to 10:30 a.m. |
| Issue and Settlement Date | : | Tuesday 6 March 2001 |
| Amount on Offer | : | HK$1,000 million |
| Maturity | : | 364 days |
| Maturity Date | : | 5 March 2002 |
| Interest Rate | : | N.A. |
| Interest Payment Dates | : | N.A. |
| Tender Amount | : | Each tender must be for an amount of HK$50,000 or integral multiples thereof. |
Hong Kong Monetary Authority
27 February 2001
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