- 13

Tender form, tender notice and conditions may be obtained from the Lands Department, 14th floor, Murray Building, Garden Road and the District Lands Offices of Kwai Tsing and Kowloon.

Tender plan can also be inspected at these offices.

End

Hong Kong Monetary Authority money market operations

***

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,358

0930

+1,441

Closing balance in the account

1,779

1000

+1,441

Change attributable to:

1100

+1,441

Money market activity

+1,441

1200

+1,441

LAF today

-1,020

1500

+1,441

1600

+1,441

LAF rate 4.00% bid/6.00% offer TWI 124.1 *+0.0* 17.4.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue Coupon

Price

Yield

1 week

4.93

2 years

2802

5.16

98.62

6.05

1 month

5.00

3 years

3901 5.57

98.19

6.39

3 months

5.10

5 years

5103

6.75

99.25

7.05

6 months

5.21

7 years

7302 6.02

93.37

7.39

12 months

5.55

5 years

M502 7.30

100.38

7.33

Total turnover of EF bills and notes - $23,870 million

Closed April 17, 1996

End

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