XN000022-1994-12-13 — Page 16

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Hong Kong Monetary Authority money market operations

Time

Cumulative change

$ million

(hours)

(Smillion)

Opening balance in the account

1,692

0930

-375

Closing balance in the account

1,147

1000

-375

Change attributable to:

1100

-355

Money market activity

-355

1200

-355

LAF today

-190

1500

-355

1600

-355

LAF rate 3.75% bid/5.75% offer TWI 121.8 *-0.1* 13.12.94

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

EF bills

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.70

18 months

2605 6.35

98.97

7.24

1 month

5.14

24 months

2611

6.90

99.00

7.60

3 months

5.60

29 months

3704

6.15

96.73

7.83

6 months

6.12

35 months

3710

7.25

98.56

7.97

12 months 6.80

58 months 5909

7.45

97.02

8.38

Total turnover of bills and bonds 8,120 million

-

Closed December 13, 1994

End/Tuesday, December 13, 1994