XN000022-1994-12-14 — Page 21

· 20

-

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,147

0930

+172

Closing balance in the account

1,389

1000

+172

Change attributable to:

1100

+162

Money market activity

+159

1200

+162

LAF today

+83

1500

+162

1600

+159

LAF rate 3.75% bid/5.75% offer TWI 121.8 *+0.0* 14.12.94

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

4.79

17 months

2605

6.35

98.81 7.37

1 month

5.19

23 months

2611

6.90

98.84 7.70

3 months

5.69

28 months

3704

6.15

96.57 7.91

6 months

6.16

34 months

3710

7.25

98.39 8.04

12 months 6.86

57 months

5909

7.45

96.97 8.39

Total turnover of bills and bonds 18,483 million

-

Closed December 14, 1994

End/Wednesday, December 14, 1994