HKMA to hold tender | South China Morning Post
  • Sat
  • Feb 28, 2015
  • Updated: 7:52am

HKMA to hold tender

PUBLISHED : Tuesday, 18 October, 1994, 12:00am
UPDATED : Tuesday, 18 October, 1994, 12:00am

THE Hong Kong Monetary Authority (HKMA) is to hold a tender for its fifth issue of $500 million worth of three-year Exchange Fund notes next Monday.


The authority said yesterday that a further $100 million would be held in reserve for supply to market-makers in the secondary sector.


The notes on offer will carry a 7.25 per cent semi-annual coupon. Tenders are for a minimum of $50,000.


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