Exchange Fund Bills Tender Results

Tender date                 :   10 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q541

Issue date                  :   12 October 2005

Maturity date               :   11 January 2006

Amount applied              :   HK$9,134 MN

Amount allotted             :   HK$2,339 MN

Average yield accepted      :   3.48 PCT

Highest yield accepted      :   3.48 PCT

Pro rata ratio              :   About 37 PCT

Average tender yield        :   3.49 PCT

* * * * * * * * *

Tender date                 :   10 October 2005

Paper on offer              :   EF Bills

Issue number                :   H575

Issue date                  :   12 October 2005

Maturity date               :   12 April 2006

Amount applied              :   HK$3,800 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.68 PCT

Highest yield accepted      :   3.69 PCT

Pro rata ratio              :   About 17 PCT

Average tender yield        :   3.70 PCT

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Hong Kong Monetary Authority
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Tenders to be held in the week beginning - 17 Oct 05:-

Tender date                 :   18 October 2005

Paper on offer              :   EF Bills

Issue number                :   Q542

Issue date                  :   19 October 2005

Maturity date               :   18 January 2006

Tenor                       :   91 Days

Amount on offer             :   HK$2,302 MN

* * * * * * * * *

Tender date                 :   18 October 2005

Paper on offer              :   EF Bills

Issue number                :   Y595

Issue date                  :   19 October 2005

Maturity date               :   18 October 2006

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

End/Tuesday, October 10, 2005
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