XN000022-1995-05-17 — Page 17

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

✓ 2,738

0930

-209

Closing balance in the account

2,101

1000

-209

Change attributable to:

1100

-247

Money market activity

-227

1200

-247

LAF today

-410

1500

-227

1600

-227

LAF rate 4.25% bid/6.25% offer TWI 119.1 +0.2* 17.5.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon

Price

Yield

I week

5.58

18 months

2611

6.90

101.14

6.18

1 month

5.63

24 months

2705

7.40

100.29

6.34

3 months

5.74

29 months

3710

7.25

101.83

6.53

6 months

5.82

35 months

.3804

6.90

100.78

6.71

12 months 5.99

58 months

5003

7.75

102.72

7.20

Total turnover of bills and bonds - $17,719 million

Closed May 17, 1995

End/Wednesday, May 17, 1995

E.

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