29

Tenders must be clearly marked and addressed to the Chairman of the Central Tender Board and placed in the Government Secretariat Tender Box at the lower ground floor lift lobby, Central Government Offices (East Wing), Lower Albert Road, Hong Kong, before noon on Friday, April 12.

Late tenders will not be accepted.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change _($million)

Opening balance in the account

2.314

0930

+489

Closing balance in the account

1,922

1000

+489

Change attributable to:

1100

+489

Money market activity

+434

1200

+493

LAF today

-826

1500

+493

1600

+434

LAF rate 4.00% bid/6.00% offer TWI 123.5 *-0.1* 08.03.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.73

2 years

2802

5.16

99.21

5.67

I month

4.94

3 years

3901

5.57

99.27

5.93

3 months

5.08

5 years

5012

6.38

100.25

6.42

6 months

5.18

7 years

7302

6.02

96.23

6.82

12 months

5.28

5 years

M502

7.30

102.74

6.71

Total turnover of EF bills and notes - $26,454 million

Closed March 8, 1996

End

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