XN000022-1995-04-18 — Page 16

15.

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change (Smillion)

Opening balance in the account

2,293

0930

+521

Closing balance in the account

3,275

1000

+521

Change attributable to:

1100

+421

Money market activity

+402

1200

+402

LAF today

+580

1500

+402

1600

+402

LAF rate 4.25% bid/6.25% offer TWI 118.0 *-0.8* 18.4.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

5.15

13 months

2605 6.35

100.45

6.00

1 month

5.16

22 months

2702

7.50

101.97

6.45

3 months

5.38

27 months

3707

6.95

100.85

6.64

6 months

5.58

33 months 3801

8.00

102.97

6.92

12 months

5.90

59 months

5003

7.75

101.76

7.45

Total turnover of bills and bonds - $15,199 million

Closed April 18, 1995

End/Tuesday, April 18, 1995