Exchange Fund Bills Tender Results

Tender date                 :   4 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q627

Issue date                  :   5 July 2006

Maturity date               :   4 October 2006

Amount applied              :   HK$10,550 MN

Amount allotted             :   HK$2,469 MN

Average yield accepted      :   4.02 PCT

Highest yield accepted      :   4.06 PCT

Pro rata ratio              :   About 55 PCT

Average tender yield        :   4.08 PCT

* * * * * * * *

Tender date                 :   4 July 2006

Paper on offer              :   EF Bills

Issue number                :   H668

Issue date                  :   5 July 2006

Maturity date               :   3 January 2007

Amount applied              :   HK$6,200 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   4.24 PCT

Highest yield accepted      :   4.25 PCT

Pro rata ratio              :   About 16 PCT

Average tender yield        :   4.26 PCT

----------------------------------------------------------

Hong Kong Monetary Authority
****************************

Tenders to be held in the week beginning - 10 July 2006 :-


Tender date                 :   11 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q628

Issue date                  :   12 July 2006

Maturity date               :   11 October 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,510 MN


End/Tuesday, July 4, 2006
NNNN