Exchange Fund Bills Tender Results

Tender date                 :   3 April 2007

Paper on offer              :   EF Bills

Issue number                :   Q0714

Issue date                  :   4 April 2007

Maturity date               :   4 July 2007

Amount applied              :   HK$16,740 MN

Amount allotted             :   HK$2,714 MN

Average yield accepted      :   3.46 PCT

Highest yield accepted      :   3.47 PCT

Pro rata ratio              :   About 15 PCT

Average tender yield        :   3.48 PCT

* * * * * * * * * *

Tender date                 :   3 April 2007

Paper on offer              :   EF Bills

Issue number                :   Y0788

Issue date                  :   4 April 2007

Maturity date               :   2 April 2008

Amount applied              :   HK$8,850 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.75 PCT

Highest yield accepted      :   3.75 PCT

Pro rata ratio              :   About 75 PCT

Average tender yield        :   3.76 PCT

End/Tuesday, April 3, 2007
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