XN000022-1994-03-17 — Page 10

THURSDAY, MARCH 17, 1994

THE DEFINITIONS USED

IN

MEASURING UNEMPLOYMENT UNDEREMPLOYMENT FOLLOW CLOSELY THOSE RECOMMENDED BY THE

LABOUR ORGANISATION.

AND

INTERNATIONAL

IN

DETAILED ANALYSIS OF LABOUR FORCE CHARACTERISTICS IS GIVEN THE REPORT ON THE GENERAL HOUSEHOLD SURVEY WHICH IS PUBLISHED FOUR TIMES A YEAR.

THE NEXT REPORT COVERING THE QUARTER ENDING DECEMBER 1993 WILL BE AVAILABLE FROM THE GOVERNMENT PUBLICATIONS CENTRE BY THE END OF THIS MONTH AT $23.50 A COPY.

0

HONG KONG MONETARY AUTHORITY

MONEY MARKET OPERATIONS

MILLION

TIME (HOURS)

CUMULATIVE CHANGE ($ MILLION)

OPENING BALANCE IN THE ACCOUNT

2,345

0930

+1,619

CLOSING BALANCE IN THE ACCOUNT

1,835

1000

+821

CHANGE ATTRIBUTABLE TO :

1100

+655

MONEY MARKET ACTIVITY

+655

1200

+655

LAF TODAY

-1,165

1500

+655

1600

+655

LAF RATE 2.00 BID/4.00 OFFER

TWI 125.6 *-0.1* 17.3.94

HONG KONG MONETARY AUTHORITY

EF BILLS

TERMS

YIELD

TERM

EF NOTES/HONG KONG GOVERNMENT BONDS

ISSUE COUPON PRICE

YIELD

1 WEEK

3.44

18 MONTHS

2508

4.625

99.91

4.74

1 MONTH

3.48

21 MONTHS

2511

4.15

98.81

4.95

3 MONTHS

3.71

24 MONTHS

2602

4.40

98.76

5.15

6 MONTHS

3.95

32 MONTHS

3610

4.20

97.03

5.51

12 MONTHS

4.36

35 MONTHS

3701

4.60

97.45

5.65

TOTAL TURNOVER OF BILLS AND BONDS 24,537 MN

-

CLOSED 17 MARCH 1994