Exchange Fund Notes Tender Result

Tender date                      :   13 November 2007

Paper on offer                   :   EF Notes

Issue number                     :   02Y0911

Issue date                       :   14 November 2007

Maturity date                    :   16 November 2009

Coupon                           :   3.00%
 
Competitive Tender Result

Amount applied                   :   HK$5,170 MN

Amount allotted                  :   HK$1,200 MN

Average price accepted (yield)   :   101.33 (2.33 PCT)

Lowest price accepted (yield)    :   101.30 (2.35 PCT)

Pro rata ratio                   :   About 53 PCT

Average tender price (yield)     :   101.19 (2.40 PCT)

Non-competitive Tender
Results(for applications submitted through Hong Kong Securities
Clearing Company Limited)

Amount applied                   :   0

Amount allotted                  :   0

Allotment Price (yield)          :   Nil

 

End/Tuesday, 13 November 2007
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