Exchange Fund Bills Tender Results

Tender date                 :   30 August 2005

Paper on offer              :   EF Bills

Issue number                :   Q535

Issue date                  :   31 August 2005

Maturity date               :   30 November 2005

Amount applied              :   HK$9,313 MN

Amount allotted             :   HK$3,138 MN

Average yield accepted      :   3.25 PCT

Highest yield accepted      :   3.26 PCT

Pro rata ratio              :   About 81 PCT

Average tender yield        :   3.28 PCT

* * * * * * * * * * *

Tender date                 :   30 August 2005

Paper on offer              :   EF Bills

Issue number                :   H572

Issue date                  :   31 August 2005

Maturity date               :   1 March 2006

Amount applied              :   HK$3,800 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.50 PCT

Highest yield accepted      :   3.50 PCT

Pro rata ratio              :   About 54 PCT

Average tender yield        :   3.54 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 5 Sept 05:-

Tender date                 :   6 September 2005

Paper on offer              :   EF Bills

Issue number                :   Q536

Issue date                  :   7 September 2005

Maturity date               :   7 December 2005

Tenor                       :   91 Days

Amount on offer             :   HK$2,577 MN

End/Tuesday, August 30, 2005
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