Exchange Fund Bills Tender Results

Tender date                 :   19 December 2006

Paper on offer              :   EF Bills

Issue number                :   Q651

Issue date                  :   20 December 2006

Maturity date               :   21 March 2007

Amount applied              :   HK$13,800 MN

Amount allotted             :   HK$4,554 MN

Average yield accepted      :   3.54 PCT

Highest yield accepted      :   3.54 PCT

Pro rata ratio              :   About 66 PCT

Average tender yield        :   3.56 PCT

* * * * * * * *

Tender date                 :   19 December 2006

Paper on offer              :   EF Bills

Issue number                :   H680

Issue date                  :   20 December 2006

Maturity date               :   20 June 2007

Amount applied              :   HK$6,400 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   3.57 PCT

Highest yield accepted      :   3.57 PCT

Pro rata ratio              :   About 86 PCT

Average tender yield        :   3.60 PCT

End/Tuesday, December 19, 2006
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