Tender amount

Other details

-

14.

Each tender must be for an amount of $50,000 or integral multiples thereof. members of the public who wish to tender for the notes may approach market makers or recognised dealers on the published list

Please see information memorandum published or approach market makers or recognised dealers

End

Hong Kong Monetary Authority money market operations

Time

Cumulative change

Opening balance in the account

Closing balance in the account

Change attributable to:

Money market activity

LAF today

$ million (hours) ($million)

1,949

0930

+211

2,303

1000

+211

1100

+211

+211

1200

+211

+143

1500

+211

1600

+211

LAF rate 4.00% bid/6.00% offer TWI 124.7 *+0.0* 7.10.96

Hong Kong Monetary Authority

EF notes/MTRC

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yiel

1 week

4.81

2 years

! month

4.92

3 years

2808 6.00 3907 6.80

100.25 5.94

101.43 6.33

3 months

5.11

5 years 5109 7.32

102.00 6.95

6 months

5.21

7 years

7308

7.24

100.41

7.29

12 months

5.45

5 years M503

7.35

100.98 7.23

Total turnover of EF bills and notes - $13,599 million

Closed October 7, 1996

End

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