14 -

Hong Kong Monetary Authority

EF bills

EF notes/MTRC notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.90

2 years

2811

5.72

100.09

5.75

1 month

4.90

3 years

3910

6.28

100.70

6.10

3 months

4.93

5 years

5109

7.32

103.10

6.66

6 months

5.01

7 years

7308

7.24

102.18

6.95

12 months

5.25

10 years

1610

7.37

101.85

7.23

5 years

M503

7.35

101.91

6.99

Total turnover of EF bills and notes - $5,929 million

Closed November 19, 1996

End

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