Exchange Fund Bills Tender Results

Tender date                 :   8 November 2005

Paper on offer              :   EF Bills

Issue number                :   Q545

Issue date                  :   9 November 2005

Maturity date               :   8 February 2006

Amount applied              :   HK$8,410 MN

Amount allotted             :   HK$2,819 MN

Average yield accepted      :   3.50 PCT

Highest yield accepted      :   3.52 PCT

Pro rata ratio              :   About 51 PCT

Average tender yield        :   3.53 PCT

* * * * * * * * *

Tender date                 :   8 November 2005

Paper on offer              :   EF Bills

Issue number                :   H577

Issue date                  :   9 November 2005

Maturity date               :   10 May 2006

Amount applied              :   HK$6,600 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.84 PCT

Highest yield accepted      :   3.86 PCT

Pro rata ratio              :   About 80 PCT

Average tender yield        :   3.89 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 14 Nov 2005 :-

Tender date                 :   15 November 2005

Paper on offer              :   EF Bills

Issue number                :   Q546

Issue date                  :   16 November 2005

Maturity date               :   15 February 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,665 MN

* * * * * * * * *

Tender date                 :   15 November 2005

Paper on offer              :   EF Bills

Issue number                :   Y596

Issue date                  :   16 November 2005

Maturity date               :   15 November 2006

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, November 8, 2005
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