Exchange Fund Bills Tender Results

Tender date                 :   23 January 2009

Paper on offer              :   EF Bills

Issue number                :   M0902

Issue date                  :   29 January 2009

Maturity date               :   20 February 2009

Amount applied              :   HK$2,800 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   0.06 PCT

Highest yield accepted      :   0.06 PCT

Pro rata ratio              :   About 25 PCT

Average tender yield        :   0.08 PCT

* * * * * * * * * *

Tender date                 :   23 January 2009

Paper on offer              :   EF Bills

Issue number                :   Q0904

Issue date                  :   29 January 2009

Maturity date               :   29 April 2009

Amount applied              :   HK$28,100 MN

Amount allotted             :   HK$4,229 MN

Average yield accepted      :   0.11 PCT

Highest yield accepted      :   0.11 PCT

Pro rata ratio              :   About 21 PCT

Average tender yield        :   0.12 PCT

* * * * * * * * * *

Tender date                 :   23 January 2009

Paper on offer              :   EF Bills

Issue number                :   H0956

Issue date                  :   29 January 2009

Maturity date               :   29 July 2009

Amount applied              :   HK$5,900 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   0.17 PCT

Highest yield accepted      :   0.18 PCT

Pro rata ratio              :   About 47 PCT

Average tender yield        :   0.21 PCT

End/Friday, January 23, 2009
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