-

· 13 -

Flushing water cut in Ho Man Tin and King's Park

**

Flushing water supply to all premises in Ho Man Tin and King's Park will be temporarily suspended from 8 am to 5 pm on Friday (January 6) to facilitate the cleansing of the Ho Man Tin High Level Salt Water Service Reservoir.

End/Wednesday, January 4, 1995

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change (Smillion)

Opening balance in the account

1,591

0930

+377

Closing balance in the account

1.374

1000

+377

Change attributable to :

1100

+348

Money market activity

+301

1200

+301

LAF today

-518

1500

+301

1600

+301

LAF rate 3.75% bid/5.75% offer TWI 121.7 *+0.2* 4.1.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

5.17

17 months

2605

6.35

98.62

7.56

1 month

5.24

23 months

2611

6.90

98.56

7.89

3 months

5.69

28 months

3704

6.15

96.31

8.08

6 months

6.33

34 months

3710

7.25

98.07

8.18

12 months

7.13

60 months

5912

8.15

99.20

8.52

Total turnover of bills and bonds - $28,839 million

Closed January 4, 1995

End/Wednesday, January 4, 1995

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