XN000022-1995-06-20 — Page 22

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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)

1,714

0930

+788

2,200

1000

+788

+721

1100

+792

-235

1200

+809

1500

+809

1600

+721

LAF rate 4.25% bid/6.25% offer TWI 118.5*+0.0* 20.6.95

Hong Kong Monetary Authority"

EF bills

EF notes

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

5.31

2 years

2705 6.40

101.16

5.83

1 month

5.44

3 years

3804

6.90

102.27

6.11

3 months

5.49

5 years

5006

6.60

99.83

6.75

6 months

5.54

5 years

M501 7.90

103.21

7.24

12 months

5.66

Total turnover of EF bills and notes - $12,623 million

Closed June 20, 1995

End/Tuesday, June 20, 1995