The following is issued on behalf of the Hong Kong Monetary Authority:

Hong Kong Monetary Authority Exchange Fund Notes Tender Results
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Tender date	:	May 19, 2017
Paper on offer	:	EF Notes
Issue number	:	02Y1905
Issue date	:	May 22, 2017
Maturity date	:	May 22, 2019
Coupon		0.80%
Competitive Tender Result
Amount applied	:	HK$4,115 MN
Amount allotted	:	HK$1,200 MN
Average price accepted (yield)	:	100.36 (0.62 PCT)
Lowest price accepted (yield)	:	100.36 (0.62 PCT)
Pro rata ratio	:	About 80 PCT
Average tender price (yield)	:	100.19 (0.71 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/Friday, May 19, 2017
Issued at HKT 12:20

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