Exchange Fund Bills Tender Results

Tender date                 :   21 October 2008

Paper on offer              :   EF Bills

Issue number                :   Q0842

Issue date                  :   22 October 2008

Maturity date               :   21 January 2009

Amount applied              :   HK$13,600 MN

Amount allotted             :   HK$2,013 MN

Average yield accepted      :   0.75 PCT

Highest yield accepted      :   0.75 PCT

Pro rata ratio              :   About 19 PCT

Average tender yield        :   0.79 PCT

* * * * * * * * * *

Tender date                 :   21 October 2008

Paper on offer              :   EF Bills

Issue number                :   H0875

Issue date                  :   22 October 2008

Maturity date               :   22 April 2009

Amount applied              :   HK$4,100 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   0.94 PCT

Highest yield accepted      :   0.99 PCT

Pro rata ratio              :   100 PCT

Average tender yield        :   1.06 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 27 Oct 2008 :-

Tender date                 :   28 October 2008

Paper on offer              :   EF Bills

Issue number                :   Q0843

Issue date                  :   29 October 2008

Maturity date               :   29 January 2009

Tenor                       :   92 Days

Amount on offer             :   HK$4,828 MN *

*  Inclusive of HK$2,000 MN additional issue announced on
   20 October 2008.

End/Tuesday, October 21, 2008
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