Exchange Fund Bills Tender Results

Tender date                 :   18 April 2006

Paper on offer              :   EF Bills

Issue number                :   Q616

Issue date                  :   19 April 2006

Maturity date               :   19 July 2006

Amount applied              :   HK$13,907 MN

Amount allotted             :   HK$2,417 MN

Average yield accepted      :   3.76 PCT

Highest yield accepted      :   3.77 PCT

Pro rata ratio              :   About 16 PCT

Average tender yield        :   3.80 PCT

----------------------------------------------------------

Hong Kong Monetary Authority
****************************

Tenders to be held in the week beginning - 24 Apr 2006 :-

Tender date                 :   25 April 2006

Paper on offer              :   EF Bills

Issue number                :   Q495

Issue date                  :   26 April 2006

Maturity date               :   24 May 2006

Tenor                       :   28 Days

Amount on offer             :   HK$600 MN

* * * * * * * *

Tender date                 :   25 April 2006

Paper on offer              :   EF Bills

Issue number                :   Q617

Issue date                  :   26 April 2006

Maturity date               :   26 July 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,158 MN

* * * * * * * *

Tender date                 :   25 April 2006

Paper on offer              :   EF Bills

Issue number                :   H663

Issue date                  :   26 April 2006

Maturity date               :   25 October 2006

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, April 18, 2006
NNNN