The government will provide newguarantees for up to three billion H.K. Dlrs in financing
instruments to be issued by the government owned &lt;Mass
Transport Railway Corp>, bringing the total to 9.1 billion
dlrs, Financial Secretary Piers Jacobs said.
    He told the Legislative Council the instruments would
replace existing longer term government guaranteed export
credit debt obligations.
    A total of 1.5 billion dlrs in government guaranteed export
credit debt obligations are due to mature in two years.
 REUTER
