-

14.

Hong Kong Monetary Authority

Tenders to be held in the week beginning December 11, 1995

Tender date

Paper on offer

Issue number

Issue date

Maturity date

12 Dec 1995

EF bills

Q550

13 Dec 1995

13 Mar 1996

Tenor

91 days

Amount on offer

HK$1,500 + 300 MN

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,560

0930

-287

Closing balance in the account

1,832

1000

-287

Change attributable to:

1100

-287

Money market activity

-298

1200

-298

LAF today

+570

1500

-298

1600

-298

LAF rate 4.25% bid/6.25% offer TWI 122.5 *+0.1* 05.12.95

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