XN000022-1995-05-15 — Page 19

Tender date

Paper on offer

Issue number

Amount applied

-

18

-

Hong Kong Monetary Authority tender results

15 May 95

EF notes

2705

HK$2,890 MN

HK$500 MN

Amount allotted

Average price (yield) accepted

100.19 (6.40 PCT)

Lowest price (yield) accepted

100.16 (6.41 PCT)

Pro rata ratio

Average tender price (yield)

End/Monday, May 15, 1995

About 72 PCT

100.11 (6.44 PCT)

Hong Kong Monetary Authority money market operations

**

Cumulative

$ million

Time (hours)

change

($million)

Opening balance in the account

985

0930

+1,563

Closing balance in the account

3,202

1000

+1,563

Change attributable to:

1100

+1,567

Money market activity

+1,557

1200

+1,567

LAF today

+660

1500

+1,557

1600

+1,557

LAF rate 4.25% bid/6.25% offer TWI 119.0 *+0.0* 15.5.95