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               :   December 30, 2008

Paper on offer            :   EF Bills

Issue number              :   Q0852

Issue date                :   December 31, 2008

Maturity date             :   April 1, 2009

Amount applied            :   HK$7,600 MN

Amount allotted           :   HK$3,152 MN

Average yield accepted    :   0.03 PCT

Highest yield accepted    :   0.09 PCT

Pro rata ratio            :   About 52 PCT

Average tender yield      :   0.12 PCT

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Tender date               :   December 30, 2008

Paper on offer            :   EF Bills

Issue number              :   H0880

Issue date                :   December 31, 2008

Maturity date             :   July 2, 2009

Amount applied            :   HK$7,400 MN

Amount allotted           :   HK$1,300 MN

Average yield accepted    :   0.09 PCT

Highest yield accepted    :   0.15 PCT

Pro rata ratio            :   About 3 PCT

Average tender yield      :   0.19 PCT

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     Tenders to be held in the week beginning ¡V January 5, 2009 :-

Tender date               :   January 6, 2009

Paper on offer            :   EF Bills

Issue number              :   Q0901

Issue date                :   January 7, 2009

Maturity date             :   April 8, 2009

Tenor                     :   91 Days

Amount on offer           :   HK$2,795 MN

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Tender date               :   January 6, 2009

Paper on offer            :   EF Bills

Issue number              :   Y0985

Issue date                :   January 7, 2009

Maturity date             :   January 6, 2010

Tenor                     :   364 Days

Amount on offer           :   HK$1,300 MN

Ends/Tuesday, December 30, 2008
Issued at HKT 12:36

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