Exchange Fund Bills Tender Results

Tender date                 :   16 August 2005

Paper on offer              :   EF Bills

Issue number                :   Q533

Issue date                  :   17 August 2005

Maturity date               :   16 November 2005

Amount applied              :   HK$12,060 MN

Amount allotted             :   HK$2,597 MN

Average yield accepted      :   3.09 PCT

Highest yield accepted      :   3.10 PCT

Pro rata ratio              :   About 48 PCT

Average tender yield        :   3.12 PCT

* * * * * * * * * * *

Tender date                 :   16 August 2005

Paper on offer              :   EF Bills

Issue number                :   H571

Issue date                  :   17 August 2005

Maturity date               :   15 February 2006

Amount applied              :   HK$6,140 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.30 PCT

Highest yield accepted      :   3.31 PCT

Pro rata ratio              :   About 3.7 PCT

Average tender yield        :   3.32 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 22 Aug 05:-

Tender date                 :   23 August 2005

Paper on offer              :   EF Bills

Issue number                :   Q489

Issue date                  :   24 August 2005

Maturity date               :   20 September 2005

Tenor                       :   27 Days

Amount on offer             :   HK$400 MN

* * * * * * * * * * *

Tender date                 :   23 August 2005

Paper on offer              :   EF Bills

Issue number                :   Q534

Issue date                  :   24 August 2005

Maturity date               :   23 November 2005

Tenor                       :   91 Days

Amount on offer             :   HK$2,447 MN

* * * * * * * * * * *

Tender date                 :   23 August 2005

Paper on offer              :   EF Bills

Issue number                :   Y593

Issue date                  :   24 August 2005

Maturity date               :   23 August 2006

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, August 16, 2005
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