Exchange Fund Bills Tender Results

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q490

Issue date                  :   26 October 2005

Maturity date               :   24 November 2005

Amount applied              :   HK$4,750 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   2.66 PCT

Highest yield accepted      :   2.66 PCT

Pro rata ratio              :   About 100 PCT

Average tender yield        :   2.74 PCT

* * * * * * * * *

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q543

Issue date                  :   26 October 2005

Maturity date               :   25 January 2006

Amount applied              :   HK$9,510 MN

Amount allotted             :   HK$3,263 MN

Average yield accepted      :   3.20 PCT

Highest yield accepted      :   3.20 PCT

Pro rata ratio              :   About 53 PCT

Average tender yield        :   3.22 PCT

* * * * * * * * *

Tender date                 :   25 October 2005

Paper on offer              :   EF Bills

Issue number                :   H576

Issue date                  :   26 October 2005

Maturity date               :   26 April 2006

Amount applied              :   HK$4,050 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.55 PCT

Highest yield accepted      :   3.58 PCT

Pro rata ratio              :   About 33 PCT

Average tender yield        :   3.58 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 31 Oct 05:-

Tender date                 :   1 November 2005

Paper on offer              :   EF Bills

Issue number                :   Q491

Issue date                  :   2 November 2005

Maturity date               :   7 December 2005

Tenor                       :   35 Days

Amount on offer             :   HK$800 MN

* * * * * * * * *

Tender date                 :   1 November 2005

Paper on offer              :   EF Bills

Issue number                :   Q544

Issue date                  :   2 November 2005

Maturity date               :   1 February 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,961 MN

End/Tuesday, October 25, 2005
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