EFN 1.85 2708<04106> - New Listing

Market participants are requested to note that dealings in the
1.85 per cent. exchange fund notes due August 2027 issued by
The Hong Kong Monetary Authority (on behalf of the Government
of the Hong Kong Special Administrative Region for the account
of the Exchange Fund) will commence on Tuesday, 26/08/2025
under the following particulars:-

Stock Code  Stock Short Name     Denomination     Trading Currency
----------  ----------------     ------------     ----------------
4106        EFN 1.85 2708        HKD50,000        HKD
                                 or 500 units