10

HONG KONG MONETARY AUTHORITY

MONEY MARKET OPERATIONS

* * * *

TUESDAY, SEPTEMBER 20, 1994

$ MILLION

TIME (HOURS)

CUMULATIVE CHANGE

($MILLION)

OPENING BALANCE IN THE ACCOUNT

2,522

0930

-280

CLOSING BALANCE IN THE ACCOUNT

2,163

1000

-280

CHANGE ATTRIBUTABLE TO :

1100

-270

MONEY MARKET ACTIVITY

LAF TODAY

-270

1200

-270

-119

1500

-270

1600

-270

LAF RATE 3.00 BID/5.00 OFFER

*+0.1* TWI 121.7

20.9.94

HONG KONG MONETARY AUTHORITY

EF BILLS

TERMS

YIELD

TERM

EF NOTES/HONG KONG GOVERNMENT BONDS

ISSUE COUPON PRICE

YIELD

1 WEEK

4.14

17 MONTHS

2602

4.40

98.31

5.75

1 MONTH

4.20

23 MONTHS

2608

6.15

100.10

6.18

3 MONTHS

4.36

28 MONTHS

3701

4.60

95.97

6.58

6 MONTHS

4.65

31 MONTHS

3704

6.15

98.88

6.73

12 MONTHS

5.28

34 MONTHS

3707

6.95

100.46

6.88

-

TOTAL TURNOVER OF BILLS AND BONDS 9,909 MN

CLOSED 20 SEPTEMBER 1994

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