XN000022-1995-03-27 — Page 21

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Hong Kong Monetary Authority money market operations

Cumulative

Time change

$ million (hours) ($million)

Opening balance in the account

1,333

0930

+1,294

Closing balance in the account

1,965

1000

+1,294

Change attributable to:

1100

+1,294

Money market activity

+1,262

1200

+1,262

LAF today

-630

1500

+1,262

1600

+1,262

LAF rate 4.25% bid/6.25% offer TWI 118.2 *+0.1* 27.3.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue Coupon Price Yield

1 week

4.84

14 months

2605

6.35

100.35

6.11

1 month

5.04

23 months

2702

7.50

101.86 6.55

3 months

5.39

28 months

3707

6.95

100.69 6.73

6 months

5.61

34 months

12 months 5.99

60 months

3801 8.00 5003 7.75

102.92 6.96

101.65

7.48

Total turnover of bills and bonds - $19,628 million

Closed March 27, 1995

End/Monday, March 27, 1995