Hong Kong Monetary Authority Exchange Fund Bills Tender Results
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Tender date                 :   January 26, 2007

Paper on offer              :   EF Bills

Issue number                :   M0701

Issue date                  :   January 29, 2007

Maturity date               :   February 28, 2007

Amount applied              :   HK$2,000 MN

Amount allotted             :   HK$600 MN

Average yield accepted      :   3.68 PCT

Highest yield accepted      :   3.70 PCT

Pro rata ratio              :   About 80 PCT

Average tender yield        :   3.71 PCT

Ends/Friday, January 26, 2007
Issued at HKT 12:01

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