Exchange Fund Bills Tender Results

Tender date                 :   22 August 2006

Paper on offer              :   EF Bills

Issue number                :   Q634

Issue date                  :   23 August 2006

Maturity date               :   22 November 2006

Amount applied              :   HK$14,720 MN

Amount allotted             :   HK$2,350 MN

Average yield accepted      :   3.52 PCT

Highest yield accepted      :   3.54 PCT

Pro rata ratio              :   About 65 PCT

Average tender yield        :   3.56 PCT

* * * * * * * *

Tender date                 :   22 August 2006

Paper on offer              :   EF Bills

Issue number                :   Y693

Issue date                  :   23 August 2006

Maturity date               :   22 August 2007

Amount applied              :   HK$8,100 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.80 PCT

Highest yield accepted      :   3.81 PCT

Pro rata ratio              :   About 22 PCT

Average tender yield        :   3.83 PCT

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

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

Tenders to be held in the week beginning - 28 Aug 2006 :-

Tender date                 :   29 August 2006

Paper on offer              :   EF Bills

Issue number                :   Q635

Issue date                  :   30 August 2006

Maturity date               :   29 November 2006

Tenor                       :   91 Days

Amount on offer             :   HK$3,580 MN

* * * * * * * *

Tender date                 :   29 August 2006

Paper on offer              :   EF Bills

Issue number                :   H672

Issue date                  :   30 August 2006

Maturity date               :   28 February 2007

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, August 22, 2006
NNNN