Exchange Fund Bills Tender Results

Tender date                 :   15 May 2007

Paper on offer              :   EF Bills

Issue number                :   Q0720

Issue date                  :   16 May 2007

Maturity date               :   15 August 2007

Amount applied              :   HK$7,400 MN

Amount allotted             :   HK$1,919 MN

Average yield accepted      :   3.77 PCT

Highest yield accepted      :   3.77 PCT

Pro rata ratio              :   About 72 PCT

Average tender yield        :   3.79 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 21 May 2007 :-

Tender date                 :   22 May 2007

Paper on offer              :   EF Bills

Issue number                :   M0704

Issue date                  :   23 May 2007

Maturity date               :   18 June 2007

Tenor                       :   26 Days

Amount on offer             :   HK$400 MN

* * * * * * * * * *

Tender date                 :   22 May 2007

Paper on offer              :   EF Bills

Issue number                :   Q0721

Issue date                  :   23 May 2007

Maturity date               :   22 August 2007

Tenor                       :   91 Days

Amount on offer             :   HK$1,889 MN

* * * * * * * * * *

Tender date                 :   22 May 2007

Paper on offer              :   EF Bills

Issue number                :   H0765

Issue date                  :   23 May 2007

Maturity date               :   21 November 2007

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, May 15, 2007
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