Exchange Fund Bills Tender Results

Tender date                 :   31 July 2007

Paper on offer              :   EF Bills

Issue number                :   Q0731

Issue date                  :   1 August 2007

Maturity date               :   31 October 2007

Amount applied              :   HK$9,560 MN

Amount allotted             :   HK$2,609 MN

Average yield accepted      :   3.71 PCT

Highest yield accepted      :   3.72 PCT

Pro rata ratio              :   About 28 PCT

Average tender yield        :   3.74 PCT

* * * * * * * * * *

Tender date                 :   31 July 2007

Paper on offer              :   EF Bills

Issue number                :   H0770

Issue date                  :   1 August 2007

Maturity date               :   30 January 2008

Amount applied              :   HK$8,000 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.81 PCT

Highest yield accepted      :   3.82 PCT

Pro rata ratio              :   About 4 PCT

Average tender yield        :   3.83 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 6 August 2007:-

Tender date                 :   7 August 2007

Paper on offer              :   EF Bills

Issue number                :   Q0732

Issue date                  :   8 August 2007

Maturity date               :   7 November 2007

Tenor                       :   91 Days

Amount on offer             :   HK$2,546 MN

* * * * * * * * * *

Tender date                 :   7 August 2007

Paper on offer              :   EF Bills

Issue number                :   M0707

Issue date                  :   8 August 2007

Maturity date               :   17 September 2007

Tenor                       :   40 Days

Amount on offer             :   HK$400 MN

End/Tuesday, July 31, 2007
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