XN000022-1994-07-06 — Page 7

HONG KONG MONETARY AUTHORITY.

MONEY MARKET OPERATIONS

* *

WEDNESDAY, JULY 6, 1994

CUMULATIVE

$ MILLION

TIME (HOURS)

CHANGE

($MILLION)

OPENING BALANCE IN THE ACCOUNT

2,036

0930

-350

CLOSING BALANCE IN THE ACCOUNT

CHANGE ATTRIBUTABLE TO :

2,046

1000

-301

1100

-252

MONEY MARKET ACTIVITY

-150

1200

-147

LAF TODAY

+160

1500

-147

1600

-150

LAF RATE 2.50 BID/4.50 OFFER

TWI 122.8 *-0.4*

6.7.94

HONG KONG MONETARY AUTHORITY

EF BILLS

TERMS

YIELD

TERM

FF NOTES/HONG KONG GOVERNMENT BONDS

ISSUE COUPON PRICE

YIELD

1 WEEK

4.19

17 MONTHS

2511

4.15

97.84

5.88

1 MONTH

4.11

23 MONTHS

2605

6.35

100.07

6.40

3 MONTHS

4.31

28 MONTHS

3610

4.20

94.78

6.79

6 MONTHS

4.69

31 MONTHS

3701

4.60

94.79

6.97

12 MONTHS

5.34

34 MONTHS

3704

6.15

97.89

7.11

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 6 JULY 1994

-

21,783 MN

1