Hong Kong Monetary Authority Exchange Fund Notes Tender
Result
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Tender date                      :   September 16, 2005

Paper on offer                   :   EF Notes

Issue number                     :   5009

Issue date                       :   September 20, 2005

Maturity date                    :   September 20, 2010

Coupon                           :   3.79%

Amount applied                   :   HK$1,897 MN

Amount allotted                  :   HK$1,000 MN

Average price accepted (yield)   :   99.20 (4.01 PCT)

Lowest price accepted (yield)    :   99.12 (4.03 PCT)

Pro rata ratio                   :   About 15 PCT

Average tender price (yield)     :   99.13 (4.02 PCT)

Ends/Friday, September 16, 2005
Issued at HKT 14:58

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