XN000022-1995-02-28 — Page 20

19.

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,214

0930

+768

Closing balance in the account

2,917

1000

+768

Change attributable to :

1100

+828

Money market activity

+709

1200

+709

LAF today

-6

1500

+709

1600

+709

LAF rate 4.25% bid/6.25% offer TWI 120.3 *+0.0* 28.2.95

Hong Kong Monetary Authority

EF bills

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.89

15 months

2605

6.35

99.61

6.79

1 month

5.31

24 months

2702

7.50

100.67

7.26

3 months

6.02

29 months

3707

6.95

99.37 7.37

6 months

6.26

35 months

3801

8.00

101.57

7.52

12 months 6.71

58 months

5912 8.15

100.98

8.05

Total turnover of bills and bonds - $35,369 million

Closed February 28, 1995

End/Tuesday, February 28, 1995