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

Hong Kong Monetary Authority Exchange Fund Notes Tender Results
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Tender date	:	November 17, 2017
Paper on offer	:	EF Notes
Issue number	:	02Y1911
Issue date	:	November 20, 2017
Maturity date	:	November 20, 2019
Coupon		1.04%
Competitive Tender Result
Amount applied	:	HK$13,450 MN
Amount allotted	:	HK$1,199.9 MN
Average price accepted (yield)	:	99.97 (1.06 PCT)
Lowest price accepted (yield)	:	99.96 (1.06 PCT)
Pro rata ratio	:	About 37 PCT
Average tender price (yield)	:	99.87 (1.11 PCT)
Non-competitive Tender Results (for applications submitted through Hong Kong Securities Clearing Company Limited)
Amount applied	:	0.1 MN
Amount allotted	:	0.1 MN
Allotment Price (yield)	:	99.96 (1.06 PCT)

Ends/Friday, November 17, 2017
Issued at HKT 16:05

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