Exchange Fund Bills Tender Results

Tender date                 :   16 May 2006

Paper on offer              :   EF Bills

Issue number                :   Q497

Issue date                  :   17 May 2006

Maturity date               :   12 June 2006

Amount applied              :   HK$3,700 MN

Amount allotted             :   HK$400 MN

Average yield accepted      :   3.48 PCT

Highest yield accepted      :   3.48 PCT

Pro rata ratio              :   About 87 PCT

Average tender yield        :   3.53 PCT

* * * * * * * *

Tender date                 :   16 May 2006

Paper on offer              :   EF Bills

Issue number                :   Q620

Issue date                  :   17 May 2006

Maturity date               :   16 August 2006

Amount applied              :   HK$11,600 MN

Amount allotted             :   HK$2,447 MN

Average yield accepted      :   3.71 PCT

Highest yield accepted      :   3.72 PCT

Pro rata ratio              :   About 79 PCT

Average tender yield        :   3.75 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 22 May 2006 :-

Tender date                 :   23 May 2006

Paper on offer              :   EF Bills

Issue number                :   Q621

Issue date                  :   24 May 2006

Maturity date               :   23 August 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,281 MN

* * * * * * * * *

Tender date                 :   23 May 2006

Paper on offer              :   EF Bills

Issue number                :   H665

Issue date                  :   24 May 2006

Maturity date               :   22 November 2006

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, May 16, 2006
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