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Hong Kong Monetary Authority

Tenders to be held in the week beginning May 6, 1996 -

Tender date

7 May 96

7 May 96

Paper on offer

EF bills

Issue number

Q619

Issue date

8 May 96

EF bills

11664

8 May 96

Maturity date

7 Aug 96

6 Nov 96

Tenor

91 days

182 days

Amount on offer

HK$1,500+300 MN

HK$800+160 MN

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,560

0930

-160

Closing balance in the account

2,513

1000

-161

Change attributable to:

1100

-163

Money market activity

-172

1200

-173

LAF today

+125

1500

-173

1600

-172

LAF rate 4.00% bid/6.00% offer TW1 123.5 *-0.1* 30.4.96

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