Tender Amount

Other details

:

End

-

13.

: Each tender must be for an amount of HK$50,000

or integral multiples thereof. Members of the public who wish to tender for the Notes may approach Market Makers or Recognized Dealers on the published list

Please see Information Memorandum published or approach Market Makers or Recognized Dealers

Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Change attributable to :

Money market activity

LAF today

Time

$ million (hours)

Cumulative change ($million)

1,922

0930

+37

1,939

1000

+37

1100

+37

+37

1200

+37

-20

1500

+37

1600

+37

LAF rate 4.00% bid/6.00% offer TWI 124.6 *+0.1* 15.7.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.10

2 years

1 month

5.16

3 years

2805 6.30 99.90 3904 6.30

6.45

98.91 6.85

3 months

5.32

5 years 5106 7.23

99.45 7.50

6 months

5.49

7 years 7305

7.60

99.65 7.81

12 months

5.94

5 years M502 7.30

99.18

7.66

Total turnover of EF bills and notes $7,102 million

Closed July 15, 1996

End

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