XN000022-1995-03-02 — Page 12

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New Labour Relations Service office to open in Sha Tin

The two Labour Relations Service Offices at Hilton Plaza in Sha Tin and Tai Po Government Offices will be moved to a new office at New Town Plaza on March 4 and 18 respectively.

The new office, located at Unit 746-750, Level 7, New Town Plaza I, Sha Tin, will provide services to Sha Tin, Tai Po, Fanling, Sheung Shui, Lo Wu, Sha Tau Kok, Lin Tong Nei and Lok Ma Chau.

End/Thursday, March 2, 1995

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change (Smillion)

Opening balance in the account

1,820

0930

+889

Closing balance in the account

1,588

1000

+889

Change attributable to:

1100

+987

Money market activity

+988

1200

+987

LAF today

-1,220

1500

+987

1600

+988

LAF rate 4.25% bid/6.25% offer TWI 120.3 *+0.1* 2.3.95

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.03

15 months 2605 6.35

99.67

6.74

1 month

5.22

24 months

2702

7.50

100.80

7.18

3 months

5.94

29 months

3707

6.95

99.44

7.33

6 months

6.27

35 months

3801 8.00

101.56

7.53

12 months

6.64

58 months

5912

8.15

101.02

8.04

Total turnover of bills and bonds - $13,277 million

Closed March 2, 1995

End/Thursday, March 2, 1995