3

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($ million)

Opening balance in the account

2,590

09:30

- 300

Closing balance in the account

2,220

10:00

- 300

Change attributable to:

11:00

- 300

Money market activity

- 300

11:30

- 300

LAF today

- 70

LAF rate 4.00% bid/6.00% offer TWI 124.8 +0.0* 12.10.96

End

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