Exchange Fund Bills Tender Results

Tender date                 :   18 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q542

Issue date                  :   19 October 2005

Maturity date               :   18 January 2006

Amount applied              :   HK$11,078 MN

Amount allotted             :   HK$2,302 MN

Average yield accepted      :   3.33 PCT

Highest yield accepted      :   3.33 PCT

Pro rata ratio              :   About 34 PCT

Average tender yield        :   3.35 PCT

* * * * * * * * *

Tender date                 :   18 October 2005

Paper on offer              :   EF Bills

Issue number                :   Y595

Issue date                  :   19 October 2005

Maturity date               :   18 October 2006

Amount applied              :   HK$3,920 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.84 PCT

Highest yield accepted      :   3.85 PCT

Pro rata ratio              :   About 39 PCT

Average tender yield        :   3.86 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 24 Oct 05:-

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q490

Issue date                  :   26 October 2005

Maturity date               :   24 November 2005

Tenor                       :   29 Days

Amount on offer             :   HK$600 MN

* * * * * * * * *

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q543

Issue date                  :   26 October 2005

Maturity date               :   25 January 2006

Tenor                       :   91 Days

Amount on offer             :   HK$3,263 MN

* * * * * * * * *

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   H576

Issue date                  :   26 October 2005

Maturity date               :   26 April 2006

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, October 18, 2005
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