Hong Kong Monetary Authority Exchange Fund Notes tender result
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The following is issued on behalf of the Hong Kong Monetary Authority:

Tender date                      :   August 18, 2015

Paper on offer                   :   EF Notes

Issue number                     :   02Y1708

Issue date                       :   August 19, 2015

Maturity date                    :   August 21, 2017

Coupon                           :   0.46%

Competitive Tender Result

Amount applied                   :   HK$9,410 MN

Amount allotted                  :   HK$1,200 MN

Average price accepted (yield)   :   99.96 (0.48 PCT)

Lowest price accepted (yield)    :   99.96 (0.48 PCT)

Pro rata ratio                   :   About 54%

Average tender price (yield)     :   99.89 (0.52 PCT)

Non-competitive Tender Results(for applications submitted through Hong Kong Securities Clearing Company Limited)

Amount applied                   :   0

Amount allotted                  :   0

Allotment Price (yield)          :   NIL

Ends/Tuesday, August 18, 2015
Issued at HKT 13:06

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