Exchange Fund Bills Tender Results

Tender date                 :   26 April 2005

Paper on offer              :   EF Bills

Issue number                :   Q517

Issue date                  :   27 April 2005

Maturity date               :   27 July 2005

Amount applied              :   HK$24,560 MN

Amount allotted             :   HK$3,713 MN

Average yield accepted      :   1.68 PCT

Highest yield accepted      :   1.69 PCT

Pro rata ratio              :   About 59 PCT

Average tender yield        :   1.70 PCT

* * * * * * * * * *

Tender date                 :   26 April 2005

Paper on offer              :   EF Bills

Issue number                :   H563

Issue date                  :   27 April 2005

Maturity date               :   26 October 2005

Amount applied              :   HK$10,000 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   1.88 PCT

Highest yield accepted      :   1.89 PCT

Pro rata ratio              :   About 10 PCT

Average tender yield        :   1.90 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 3 May 05 :-

Tender date                 :   3 May 2005

Paper on offer              :   EF Bills

Issue number                :   Q518

Issue date                  :   4 May 2005

Maturity date               :   3 August 2005

Tenor                       :   91 Days

Amount on offer             :   HK$3,491 MN

* * * * * * * * * * *

Tender date                 :   3 May 2005

Paper on offer              :   EF Bills

Issue number                :   Y589

Issue date                  :   4 May 2005

Maturity date               :   3 May 2006

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN


End/Tuesday, April 26, 2005
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