XN000022-1995-06-21 — Page 16

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Hong Kong Monetary Authority money market operations

*

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,200

0930

+327

Closing balance in the account

2,305

1000

+327

Change attributable to:

1100

+311

Money market activity

+310

1200

+314

LAF today

-205

1500

+314

1600

+310

LAF rate 4.25% bid/6.25% offer TWI 118.4 *-0.1* 21.6.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.35

2 years

2705

6.40

101.18 5.81

1 month

5.44

3 years

3804

6.90

102.29

6.10

3 months

5.49

5 years

5006

6.60

99.83

6.75

6 months

5.53

5 years

M501

7.90

103.15

7.25

12 months 5.61

Total turnover of EF bills and notes - $13,988 million

Closed June 21, 1995

End/Wednesday, June 21, 1995