XN000022-1995-03-08 — Page 10

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

1,524

0930

+1,166

Closing balance in the account

2,131

1000

+1,166

Change attributable to :

1100

+1,224

Money market activity

+1,153

1200

+1,225

LAF today

-546

1500

+1,175

1600

+1,153

LAF rate 4.25% bid/6.25% offer TWI 117.7 *-1.1* 8.3.95

Hong Kong Monetary Authority

EF bills

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

5.20

15 months

2605

6.35

99.67 6.74

1 month

5.32

24 months

2702

7.50

100.79 7.18

3 months

5.90

29 months

3707

6.95

99.48 7.31

6 months

6.26

35 months

3801

8.00

101.47 7.56

12 months

6.64

58 months

5912

8.15

100.85 8.09

Total turnover of bills and bonds - $24,004 million

Closed March 8, 1995

End/Wednesday, March 8, 1995

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