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

Exchange Fund Notes tender results
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Tender date	:	November 22, 2022
Paper on offer	:	EF Notes
Issue number	:	02Y2411
Issue date	:	November 23, 2022
Maturity date	:	November 25, 2024
Coupon		4.55% p.a.
Competitive Tender Result
Amount applied	:	HK$10,130 MN
Amount allotted	:	HK$1,199.95 MN
Average price accepted (yield)	:	100.15 (4.52 PCT)
Lowest price accepted (yield)	:	100.12 (4.54 PCT)
Pro rata ratio*	:	About 45 PCT
Average tender price (yield)	:	100.01 (4.60 PCT)
Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)
Amount applied	:	HK$0.05 MN
Amount allotted	:	HK$0.05 MN
Allotment Price (yield)	:	100.12 (4.54 PCT)
Pro rata ratio*	:	About 100 PCT

* "Pro rata ratio" refers to the average percentage of allotment with respect to each tender participant's tendered amount at the "lowest price accepted" level.

Ends/Tuesday, November 22, 2022
Issued at HKT 16:20

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