XN000022-1995-05-03 — Page 16

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,231

0930

+310

Closing balance in the account

1,311

1000

+310

Change attributable to:

1100

+320

Money market activity

+326

1200

+338

LAF today

-1,246

1500

+338

1600

+326

LAF rate 4.25% bid/6.25% offer TWI 118.2 *-0.3* 3.5.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

5.72

19 months

2611

6.90

100.75 6.48

1 month

5.70

22 months

2702

7.50

101.69 6.59

3 months

5.75

30 months

3710

7.25

101.07 6.89

6 months

5.85

36 months

3804

6.90

99.85 7.08

12 months

6.17

59 months

5003

7.75

101.08

7.62

Total turnover of bills and bonds - $ 16,572 million

Closed May 3, 1995

End/Wednesday, May 3, 1995