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                 :   30 September 2008

Paper on offer              :   EF Bills

Issue number                :   Q0839

Issue date                  :   2 October 2008

Maturity date               :   31 December 2008

Amount applied              :   HK$11,000 MN

Amount allotted             :   HK$3,235 MN

Average yield accepted      :   -0.36 PCT

Highest yield accepted      :   -0.26 PCT

Pro rata ratio              :   About 97 PCT

Average tender yield        :   0.17 PCT


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Hong Kong Monetary Authority
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Tenders to be held in the week beginning ¡V 6 Oct 2008 :-


Tender date                 :   6 October 2008

Paper on offer              :   EF Bills

Issue number                :   Q0840

Issue date                  :   8 October 2008

Maturity date               :   7 January 2009

Tenor                       :   91 Days

Amount on offer             :   HK$2,761 MN

* * * * * * * * * *

Tender date                 :   6 October 2008

Paper on offer              :   EF Bills

Issue number                :   H0874

Issue date                  :   8 October 2008

Maturity date               :   8 April 2009

Tenor                       :   182 Days

Amount on offer             :   HK$1,300 MN

Ends/Tuesday, September 30, 2008
Issued at HKT 13:40

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