XN000022-1995-03-29 — Page 21

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Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Change attributable to :

Money market activity

LAF today

Cumulative

Time

$ million (hours)

change ($million)

1,167

0930

+1,406

2,292 1000

+1,572

1100

+1,597

+1,445

1200

+1,445

-320

1500

+1,445

1600

+1,445

LAF rate 4.25% bid/6.25% offer TWI 117.7 *-0.4* 29.3.95

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

EF bills

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

1 month 5.13

5.15

14 months

2605

6.35 100.44 6.02

23 months

2702

7.50

102.05 6.43

3 months

5.40

28 months

3707

6.95

100.99 6.59

6 months

5.60

34 months

3801

8.00

103.20 6.85

12 months 5.90

60 months

5003

7.75

102.08 7.38

Total turnover of bills and bonds - $26,512 million

Closed March 29, 1995

End/Wednesday, March 29, 1995