XN000022-1995-04-07 — Page 20

- 19

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

2,558

0930

+42

Closing balance in the account

2,104

1000

+42

Change attributable to:

1100

+76

Money market activity

+112

1200

+27

LAF today

-566

1500

+127

1600

+112

LAF rate 4.25% bid/6.25% offer TWI 119.0 *-0.1* 7.4.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.20

14 months

2605

6.35

100.31

6.14

1 month

5.20

23 months

2702

7.50

101.74

6.60

3 months

5.42

28 months

3707

6.95

100.57

6.78

6 months

5.68

34 months

3801

8.00

102.75

7.02

12 months 6.06

60 months

5003

7.75

101.36

7.55

Total turnover of bills and bonds - $21,189 million

Closed April 7, 1995

End/Friday, April 7, 1995