Exchange Fund Bills Tender Results

Tender date                 :   20 January 2012

Paper on offer              :   EF Bills

Issue number                :   Q1204

Issue date                  :   26 January 2012

Maturity date               :   25 April 2012

Amount applied              :   HK$87,470 MN

Amount allotted             :   HK$26,436 MN

Average yield accepted      :   0.25 PCT

Highest yield accepted      :   0.26 PCT

Pro rata ratio              :   About 9 PCT

Average tender yield        :   0.26 PCT

* * * * * * * *

Tender date                 :   20 January 2012

Paper on offer              :   EF Bills

Issue number                :   H1257

Issue date                  :   26 January 2012

Maturity date               :   25 July 2012

Amount applied              :   HK$32,450 MN

Amount allotted             :   HK$9,000 MN

Average yield accepted      :   0.26 PCT

Highest yield accepted      :   0.27 PCT

Pro rata ratio              :   About 70 PCT

Average tender yield        :   0.28 PCT

End/Friday, January 20, 2012
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