XN000022-1995-05-16 — Page 18

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Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Change attributable to:

Money market activity

LAF today

Cumulative

Time

$ million (hours)

change ($million)

3,202

0930

-672

2,738

1000

-672

1100

-679

-679

1200

-679

+215

1500

-679

1600

-679

LAF rate 4.25% bid/6.25% offer TWI 118.9 -0.1 16.5.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.55

18 months

2611

6.90

101.17

6.16

1 month

5.60

24 months

2705

7.40

100.36

6.30

3 months

5.71

29 months

3710

7.25

101.98

.6.46

6 months

5.78

35 months

3804

6.90

100.98

6.63

12 months

5.96

58 months 5003 7.75

103.00.

7.13

Total turnover of bills and bonds - $ 13,870 million

Closed May 16, 1995

End/Tuesday, May 16, 1995