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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                :  11 April 2008

Paper on offer              :  EF Bills

Issue number                :  M0807

Issue date                  :  14 April 2008

Maturity date              :  21 May 2008

Amount applied              :  HK$5,500 MN

Amount allotted            :  HK$3,000 MN

Average yield accepted      :  0.86 PCT

Highest yield accepted      :  0.90 PCT

Pro rata ratio              :  About 90 PCT

Average tender yield        :  0.91 PCT

* * * * * * * * * *

Tender date                :  11 April 2008

Paper on offer              :  EF Bills

Issue number                :  M0808

Issue date                  :  14 April 2008

Maturity date              :  28 May 2008

Amount applied              :  HK$6,996 MN

Amount allotted            :  HK$3,000 MN

Average yield accepted      :  0.84 PCT

Highest yield accepted      :  0.85 PCT

Pro rata ratio              :  About 44 PCT

Average tender yield        :  0.87 PCT

Ends/Friday, April 11, 2008
Issued at HKT 14:06

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