Hong Kong Monetary Authority Exchange Fund Bills Tender
*******************************************************

Tender to be on December 22 2006 :-


Tender date                 :   December 22 2006

Paper on offer              :   EF Bills

Issue number                :   Q652

Issue date                  :   December 27 2006

Maturity date               :   March 28 2007

Tenor                       :   91 Days

Amount on offer             :   HK$3,549 MN

Ends/Friday, December 15, 2006
Issued at HKT 16:11

NNNN

---