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Hong Kong Monetary Authority Exchange Fund Bills Tender Results
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The following is issued on behalf of the Hong Kong Monetary Authority:

Tender date                 :   October 21, 2008

Paper on offer              :   EF Bills

Issue number                :   Q0842

Issue date                  :   October 22, 2008

Maturity date               :   January 21, 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                 :   October 21, 2008

Paper on offer              :   EF Bills

Issue number                :   H0875

Issue date                  :   October 22, 2008

Maturity date               :   April 22, 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 ¡V Oct 27, 2008 :-


Tender date                 :   October 28, 2008

Paper on offer              :   EF Bills

Issue number                :   Q0843

Issue date                  :   October 29, 2008

Maturity date               :   January 29, 2009

Tenor                       :   92 Days

Amount on offer             :   HK$4,828 MN *


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

Ends/Tuesday, October 21, 2008
Issued at HKT 14:26

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