Hong Kong Monetary Authority Exchange Fund Bills tender results
********************************************************

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

Tender date                 :   January 21, 2014

Paper on offer              :   EF Bills

Issue number                :   Q1404

Issue date                  :   January 22, 2014

Maturity date               :   April 23, 2014

Amount applied              :   HK$69,057 MN

Amount allotted             :   HK$32,190 MN

Average yield accepted      :   0.14 PCT

Highest yield accepted      :   0.15 PCT

Pro rata ratio              :   About 32 PCT

Average tender yield        :   0.15 PCT

* * * * * * *

Tender date                 :   January 21, 2014

Paper on offer              :   EF Bills

Issue number                :   H1432

Issue date                  :   January 22, 2014

Maturity date               :   July 23, 2014

Amount applied              :   HK$42,800 MN

Amount allotted             :   HK$11,000 MN

Average yield accepted      :   0.16 PCT

Highest yield accepted      :   0.17 PCT

Pro rata ratio              :   About 8 PCT

Average tender yield        :   0.17 PCT

-----------------------------------------------------

Hong Kong Monetary Authority

Tenders to be held on the week beginning January 27, 2014:

Tender date                 :   January 28, 2014

Paper on offer              :   EF Bills

Issue number                :   Q1405

Issue date                  :   January 29, 2014

Maturity date               :   April 30, 2014

Tenor                       :   91 Days

Amount on offer             :   HK$30,825 MN

* * * * * * * *

Tender date                 :   January 28, 2014

Paper on offer              :   EF Bills

Issue number                :   H1433

Issue date                  :   January 29, 2014

Maturity date               :   July 30, 2014

Tenor                       :   182 Days

Amount on offer             :   HK$11,000 MN

* * * * * * * *

Tender date                 :   January 28, 2014

Paper on offer              :   EF Bills

Issue number                :   Y1486

Issue date                  :   January 29, 2014

Maturity date               :   January 28, 2015

Tenor                       :   364 Days

Amount on offer             :   HK$1,300 MN

Ends/Tuesday, January 21, 2014
Issued at HKT 12:38

NNNN