Exchange Fund Bills Tender Results

Tender date                 :   18 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q498

Issue date                  :   19 July 2006

Maturity date               :   22 August 2006

Amount applied              :   HK$5,350 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   4.07 PCT

Highest yield accepted      :   4.07 PCT

Pro rata ratio              :   About 100 PCT

Average tender yield        :   4.13 PCT

* * * * * * * *

Tender date                 :   18 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q629

Issue date                  :   19 July 2006

Maturity date               :   18 October 2006

Amount applied              :   HK$9,577 MN

Amount allotted             :   HK$1,841 MN

Average yield accepted      :   4.17 PCT

Highest yield accepted      :   4.17 PCT

Pro rata ratio              :   About 62 PCT

Average tender yield        :   4.20 PCT

* * * * * * * *

Tender date                 :   18 July 2006

Paper on offer              :   EF Bills

Issue number                :   H669

Issue date                  :   19 July 2006

Maturity date               :   17 January 2007

Amount applied              :   HK$5,975 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   4.30 PCT

Highest yield accepted      :   4.30 PCT

Pro rata ratio              :   About 85 PCT

Average tender yield        :   4.34 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 24 July 2006 :-

Tender date                 :   25 July 2006

Paper on offer              :   EF Bills

Issue number                :   Q630

Issue date                  :   26 July 2006

Maturity date               :   25 October 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,236 MN

* * * * * * * *

Tender date                 :   25 July 2006

Paper on offer              :   EF Bills

Issue number                :   Y692

Issue date                  :   26 July 2006

Maturity date               :   25 July 2007

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, July 18, 2006
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