XN000022-1994-05-20 — Page 26

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HONG KONG MONETARY AUTHORITY

MONEY MARKET OPERATIONS

* * * *

FRIDAY, MAY 20, 1994

$ MILLION

TIME (HOURS)

CUMULATIVE CHANGE

($ MILLION)

OPENING BALANCE IN THE ACCOUNT

1,405

0930

+426

CLOSING BALANCE IN THE ACCOUNT

3,357

1000

+436

CHANGE ATTRIBUTABLE TO :

1100

+465

MONEY MARKET ACTIVITY

+466

1200

+466

LAF TODAY

+1,486

1500

+466

1600

+466

LAF RATE 2.50 BID/4.50 OFFER

TWI 124.8

*+0.1*

20.5.94

HONG KONG MONETARY AUTHORITY

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON

PRICE

YIELD

1 WEEK

3.69

18 MONTHS

2511

4.15

98.01

5.62

1 MONTH

3.86

24 MONTHS

2605

6.35

100.75

6.03

3 MONTHS

4.26

29 MONTHS

3610

4.20

95.50

6.31

6 MONTHS

4.75

32 MONTHS

3701

4.60

95.69

6.47

12 MONTHS

5.21

35 MONTHS

3704

6.15

99.20

6.56

TOTAL TURNOVER OF BILLS AND BONDS

—

20,891 MN

CLOSED 20 MAY 1994

I