The following is issued on behalf of the Hong Kong Monetary Authority:
Exchange Fund Bills tender results:
| Tender date | : | February 19, 2024 |
| Paper on offer | : | EF Bills |
| Issue number | : | M2405 |
| Issue date | : | February 20, 2024 |
| Maturity date | : | March 20, 2024 |
| Amount applied | : | HK$2,300 MN |
| Amount allotted | : | HK$600 MN |
| Average yield accepted | : | 4.06 PCT |
| Highest yield accepted | : | 4.06 PCT |
| Pro rata ratio* | : | About 100 PCT |
| Average tender yield | : | 4.18 PCT |
*"Pro rata ratio" refers to the average percentage of allotment with respect to each tender participant’s tendered amount at the "highest yield accepted" level.
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