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

Tender date                 :   23 September 2008

Paper on offer              :   EF Bills

Issue number                :   Q0838

Issue date                  :   24 September 2008

Maturity date               :   24 December 2008

Amount applied              :   HK$9,500 MN

Amount allotted             :   HK$2,833 MN

Average yield accepted      :   0.47 PCT

Highest yield accepted      :   0.50 PCT

Pro rata ratio              :   About 41 PCT

Average tender yield        :   0.76 PCT

* * * * * * *

Tender date                 :   23 September 2008

Paper on offer              :   EF Bills

Issue number                :   H0873

Issue date                  :   24 September 2008

Maturity date               :   25 March 2009

Amount applied              :   HK$3,900 MN

Amount allotted             :   HK$1,300 MN

Average yield accepted      :   0.85 PCT

Highest yield accepted      :   0.97 PCT

Pro rata ratio              :   About 33 PCT

Average tender yield        :   1.08 PCT


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Hong Kong Monetary Authority
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Tenders to be held in the week beginning ¡V 29 Sept 2008 :-

Tender date                 :   30 September 2008

Paper on offer              :   EF Bills

Issue number                :   Q0839

Issue date                  :   2 October 2008

Maturity date               :   31 December 2008

Tenor                       :   90 Days

Amount on offer             :   HK$3,235 MN

Ends/Tuesday, September 23, 2008
Issued at HKT 14:30

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