XN000022-1994-12-24+25 — Page 6

Hong Kong Monetary Authority money market operations

Opening Balance in the account

Closing Balance in the account

Change Attributable to:

Money Market Activity Laf Today

Cumulative

Time

Change

$ Million

(Hours)

($ Million)

1.978

09:30

+30

1,648

10:00

+30

11:00

+30

+30

11:30

+30

-360

15:00

Laf Rate 3.75% Bid/ 5.75% Offer TWI 121.8 *+0.0* 24.12.94

End/Saturday, December 24. 1994