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16 -

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Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.24

2 years

2805

6.30

99.74

6.55

1 month

5.25

3 years

3904

6.30

98.68

6.94

3 months

5.35

5 years

5106

7.23

99.08

7.59

6 months 5.59

7 years

7305

7.60

99.15

7.91

12 months

5.98

5 years

M502 7.30

98.65

7.81

Total turnover of EF bills and notes - $12,160 million

Closed July 9, 1996

End

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