XN000022-1995-04-04+05 — Page 5

· 4 ·

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,148

0930

+465

Closing balance in the account

1,413

1000

+465

Change attributable to :

1100

+565

Money market activity

+566

1200

+566

LAF today

-1,301

1500

+566

1600

+566

LAF rate 4.25% bid/6.25% offer TWI 119.4 *-0.2* 4.4.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.97

14 months

2605

6.35

100.24

6.21

1 month

5.13

23 months

2702

7.50

101.62

6.67

3 months

5.39

28 months

3707

6.95

100.43

6.85

6 months

5.69

34 months

3801

8.00

102.59

7.08

12 months

6.11

60 months

5003

7.75

101.00

7.64

Total turnover of bills and bonds - $21.639 million

Closed April 4, 1995

End/Tuesday, April 4, 1995