12 -

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.90

2 years

2802

5.16

98.46

6.18

1 month

4.99

3 years

3904

6.30

99.37

6.64

3 months

5.16

5 years

5103

6.75

98.07

7.36

6 months 5.31

7 years

7302

6.02

91.50

7.79

12 months 5.62

5 years

M502 7.30

99.35

7.61

Total turnover of EF bills and notes - $28,242 million

Closed May 7, 1996

End

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