17

Hong Kong Monetary Authority

Tenders to be held in the week beginning May 1, 1995

Tender date

2 May 95

Paper on offer

Issue number

EF bills

Q518

Issue date

3 May 95

Maturity date

2 Aug 95

Tenor

91 days

Amount on offer

HK$1,500+300 MN

End/Tuesday, April 25, 1995

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

(Smillion)

Opening balance in the account

1,799

0930

+905

Closing balance in the account

2,299

1000

+905

Change attributable to:

1100

+897

Money market activity

+665

1200

+897

LAF today

-165

1500

+665

1600

+665

LAF rate 4.25% bid/6.25% offer TWI 118.4 *+0.2* 25.4.95

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