XN000022-1994-10-24 — Page 12

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11

MONDAY, OCTOBER 24, 1994

HONG KONG MONETARY AUTHORITY

TENDER RESULTS

* * * * *

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AVERAGE PRICE (YIELD) ACCEPTED

LOWEST PRICE (YIELD) ACCEPTED

PRO RATA RATIO

AVERAGE TENDER PRICE (YIELD)

24 OCT 94

EF NOTES

3710

HK$2,640 MN

HK$500 MN

99.65 (7.52 PCT)

99.63 (7.53 PCT)

ABOUT 94 PCT

99.58 (7.55 PCT)

0

HONG KONG MONETARY AUTHORITY

MONEY MARKET OPERATIONS

$MILLION

TIME (HOURS)

CUMULATIVE CHANGE ($MILLION)

OPENING BALANCE IN THE ACCOUNT

2,194

0930

+1,843

CLOSING BALANCE IN THE ACCOUNT

2,777

1000

+1,619

CHANGE ATTRIBUTABLE TO :

1100

+1,718

MONEY MARKET ACTIVITY

+1,691

1200

+1,719

LAF TODAY

-1,108

1500

+1,719

1600

+1,691

LAF RATE 3.00 BID/5.00 OFFER

TWI 120.8 *+0.1*

24.10.94

/HONG KONG