Exchange Fund Bills Tender Results

Tender date                 :   23 May 2006

Paper on offer              :   EF Bills

Issue number                :   Q621

Issue date                  :   24 May 2006

Maturity date               :   23 August 2006

Amount applied              :   HK$7,350 MN

Amount allotted             :   HK$2,281 MN

Average yield accepted      :   3.67 PCT

Highest yield accepted      :   3.68 PCT

Pro rata ratio              :   About 97 PCT

Average tender yield        :   3.70 PCT

* * * * * * * *

Tender date                 :   23 May 2006

Paper on offer              :   EF Bills

Issue number                :   H665

Issue date                  :   24 May 2006

Maturity date               :   22 November 2006

Amount applied              :   HK$6,990 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.90 PCT

Highest yield accepted      :   3.91 PCT

Pro rata ratio              :   About 85 PCT

Average tender yield        :   3.94 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 29 May 2006 :-

Tender date                 :   30 May 2006

Paper on offer              :   EF Bills

Issue number                :   Q622

Issue date                  :   1 June 2006

Maturity date               :   30 August 2006

Tenor                       :   90 Days

Amount on offer             :   HK$3,452 MN

* * * * * * * * *

Tender date                 :   30 May 2006

Paper on offer              :   EF Bills

Issue number                :   Y690

Issue date                  :   1 June 2006

Maturity date               :   30 May 2007

Tenor                       :   363 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, May 23, 2006
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