Exchange Fund Bills Tender Results

Tender date                 :   25 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q630

Issue date                  :   26 July 2006

Maturity date               :   25 October 2006

Amount applied              :   HK$11,742 MN

Amount allotted             :   HK$2,236 MN

Average yield accepted      :   3.75 PCT

Highest yield accepted      :   3.77 PCT

Pro rata ratio              :   About 40 PCT

Average tender yield        :   3.79 PCT

* * * * * * * *

Tender date                 :   25 July 2006

Paper on offer              :   EF Bills

Issue number                :   Y692

Issue date                  :   26 July 2006

Maturity date               :   25 July 2007

Amount applied              :   HK$5,270 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   4.30 PCT

Highest yield accepted      :   4.31 PCT

Pro rata ratio              :   About 42 PCT

Average tender yield        :   4.32 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 31 July 2006 :-

Tender date                 :   1 August 2006

Paper on offer              :   EF Bills

Issue number                :   Q631

Issue date                  :   2 August 2006

Maturity date               :   1 November 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,460 MN

* * * * * * * *

Tender date                 :   1 August 2006

Paper on offer              :   EF Bills

Issue number                :   H670

Issue date                  :   2 August 2006

Maturity date               :   31 January 2007

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, July 25, 2006
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