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                :  March 25, 2008

Paper on offer              :  EF Bills

Issue number                :  M0805

Issue date                  :  March 26, 2008

Maturity date              :  April 23, 2008

Amount applied              :  HK$3,400 MN

Amount allotted            :  HK$2,000 MN

Average yield accepted      :  0.47 PCT

Highest yield accepted      :  0.65 PCT

Pro rata ratio              :  About 26 PCT

Average tender yield        :  0.55 PCT

* * * * * * * * * *

Tender date                :  March 25, 2008

Paper on offer              :  EF Bills

Issue number                :  Q0812

Issue date                  :  March 26, 2008

Maturity date              :  June 25, 2008

Amount applied              :  HK$6,350 MN

Amount allotted            :  HK$2,375 MN

Average yield accepted      :  0.43 PCT

Highest yield accepted      :  0.46 PCT

Pro rata ratio              :  About 49 PCT

Average tender yield        :  0.48 PCT

* * * * * * * * * *

Tender date                :  March 25, 2008

Paper on offer              :  EF Bills

Issue number                :  H0860

Issue date                  :  March 26, 2008

Maturity date              :  September 24, 2008

Amount applied              :  HK$4,550 MN

Amount allotted            :  HK$1,300 MN

Average yield accepted      :  0.68 PCT

Highest yield accepted      :  0.69 PCT

Pro rata ratio              :  100 PCT

Average tender yield        :  0.80 PCT

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Tenders to be held in the week beginning ﷿ March 31, 2008:
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Tender date                :  April 1, 2008

Paper on offer              :  EF Bills

Issue number                :  Q0813

Issue date                  :  April 2, 2008

Maturity date              :  July 2, 2008

Tenor                      :  91 Days

Amount on offer            :  HK$3,085 MN

* * * * * * * * * *

Tender date                :  April 1, 2008

Paper on offer              :  EF Bills

Issue number                :  Y0888

Issue date                  :  April 2, 2008

Maturity date              :  April 1, 2009

Tenor                      :  364 Days

Amount on offer            :  HK$1,300 MN


Ends/Tuesday, March 25, 2008
Issued at HKT 14:32

NNNN