Exchange Fund Notes Tender Result

Tender date                      :   16 September 2011

Paper on offer                   :   EF Notes

Issue number                     :   05Y1609

Issue date                       :   19 September 2011 

Maturity date                    :   19 September 2016 

Coupon                           :   0.79%

Competitive Tender Result

Amount applied                   :   HK$3,070 MN

Amount allotted                  :   HK$1,000 MN

Average price accepted (yield)   :   100.21 (0.75 PCT)

Lowest price accepted (yield)    :   100.10 (0.77 PCT)

Pro rata ratio                   :   About 60 PCT

Average tender price (yield)     :   99.95 (0.80 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

* * * * * * * * * * 

Tender date                      :   16 September 2011 

Paper on offer                   :   EF Notes 

Issue number                     :   05Y1409
				       (Re-opening issue)

Issue date                       :   19 September 2011 

Maturity date                    :   29 September 2014 

Coupon                           :   1.69%

Competitive Tender Result

Amount applied                   :   HK$4,070 MN 

Amount allotted                  :   HK$1,200 MN 

Average price accepted (yield)   :   104.29 (0.27 PCT) 

Lowest price accepted (yield)    :   104.13 (0.32 PCT)

Pro rata ratio                   :   About 42 PCT 

Average tender price (yield)     :   104.14 (0.31 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/Friday, 16 September 2011
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