XN000022-1994-12-28 — Page 17

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Hong Kong Monetary Authority

Tenders to be held in the week beginning January 2, 1995

Tender date

3 Jan 95

3 Jan 95

Paper on offer

EF bills

Issue number

Q501

EF bills

H555

Issue date

4 Jan 95

4 Jan 95

Maturity date

6 Apr 95

5 Jul 95

Tenor

92 days

182 days

Amount on offer

$1,500+300 MN

HK$800+160 MN

End/Wednesday, December 28, 1994

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,648

0930

+438

Closing balance in the account

1,818

1000

+379

Change attributable to:

1100

+230

Money market activity

+410

1200

+230

LAF today

-240

1500

+260

1600

+410

LAF rate 3.75% bid/5.75% offer TWI.121.8 *+0.0* 28.12.94