Exchange Fund Bills Tender Results

Tender date                 :   21 March 2006

Paper on offer              :   EF Bills

Issue number                :   Q612

Issue date                  :   22 March 2006

Maturity date               :   21 June 2006

Amount applied              :   HK$9,020 MN

Amount allotted             :   HK$3,844 MN

Average yield accepted      :   3.93 PCT

Highest yield accepted      :   3.94 PCT

Pro rata ratio              :   About 47 PCT

Average tender yield        :   3.94 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 27 Mar 2006 :-

Tender date                 :   28 March 2006

Paper on offer              :   EF Bills

Issue number                :   Q613

Issue date                  :   29 March 2006

Maturity date               :   28 June 2006

Tenor                       :   91 Days

Amount on offer             :   HK$3,010 MN

* * * * * * * *

Tender date                 :   28 March 2006

Paper on offer              :   EF Bills

Issue number                :   H661

Issue date                  :   29 March 2006

Maturity date               :   27 September 2006

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, March 21, 2006
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