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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                 :   May 26, 2011

Paper on offer              :   EF Bills

Issue number                :   M1101

Issue date                  :   May 27, 2011

Maturity date               :   June 20, 2011

Amount applied              :   HK$2,300 MN

Amount allotted             :   HK$300 MN

Average yield accepted      :   0.05 PCT

Highest yield accepted      :   0.05 PCT

Pro rata ratio              :   About 60 PCT

Average tender yield        :   0.06 PCT

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Tender date                 :   May 26, 2011

Paper on offer              :   EF Bills

Issue number                :   M1102

Issue date                  :   May 27, 2011

Maturity date               :   June 29, 2011

Amount applied              :   HK$2,300 MN

Amount allotted             :   HK$300 MN

Average yield accepted      :   0.07 PCT

Highest yield accepted      :   0.07 PCT

Pro rata ratio              :   About 14 PCT

Average tender yield        :   0.07 PCT

Ends/Thursday, May 26, 2011
Issued at HKT 12:30

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