XN000022-1994-07-04 — Page 6

5

HONG KONG MONETARY AUTHORITY

MONEY MARKET OPERATIONS * * * * *

MONDAY, JULY 4, 1994

MILLION

TIME (HOURS)

CUMULATIVE CHANGE

($ MILLION)

OPENING BALANCE IN THE ACCOUNT

1,680

0930

+359

CLOSING BALANCE IN THE ACCOUNT

1,389

1000

+375

CHANGE ATTRIBUTABLE TO :

1100

+334

MONEY MARKET ACTIVITY

+334

1200

+334

LAF TODAY

-625

1500

+334

1600

+334

LAF RATE 2.50 BID/4.50 OFFER

TWI 123.2 *+0.0*

4.7.94

HONG KONG MONETARY AUTHORITY

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1

WEEK

4.15

17 MONTHS

2511

4.15

97.74

5.95

1

MONTH 4.19

23 MONTHS

2605

6.35

99.98

6.46

3

MONTHS

4.31

28 MONTHS

3610

4.20

94.64

6.85

6

MONTHS 4.70

31 MONTHS

3701

4.60

94.63

7.04

12 MONTHS

5.43

34 MONTHS

3704

6.15

97.72

7.18

-

TOTAL TURNOVER OF BILLS AND BONDS 17,639 MN

CLOSED 4 JULY 1994