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21 -

Hong Kong Monetary Authority money market opcrations

Cumulative

Time

change

$ million (hours)

($million)

Opening balance in the account

1,493

0930

+1,209

Closing balance in the account

1,799

1000

+1,209

Change attributable to:

1100

+1,210

Money market activity

+1,206

1200

+1,210

LAF today

-900

1500

+1,210

1600

+1,206

LAF rate 4.25% bid/6.25% offer TWI 118.2 *-0.2* 24.4.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

5.18

13 months

2605

6.35

100.48

5.96

1 month

5.19

22 months

2702

7.50

102.06

6.38

3 months

5.38

27 months

3707

6.95

100.93

6.60

6 months

5.58

33 months

3801

8.00

103.15

6.84

12 months

5.91

59 months

5003

7.75

101.70

7.46

Total turnover of bills and bonds - $ 9,703 million

Closed April 24, 1995

End/Monday, April 24, 1995

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