XN000022-1995-06-27 — Page 13

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,524

0930

+3

Closing balance in the account

2,049

1000

+3

Change attributable to:

1100

+3

Money market activity

Nil

1200

Nil

LAF today

-475

1500

Nil

1600

Nil

LAF rate 4.25% bid/6.25% offer TWI 118.3 *+0.0* 27.6.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price Yield

1 week

5.36

2 years

2705

6.40

101.15

5.83

1 month

5.40

3 years

3804

6.90

102.19 6.13

3 months

5.45

5 years

5006

6.60

99.66 6.79

6 months

5.49

5 years

M501

7.90

103.12

7.26

12 months 5.55

Total turnover of EF bills and notes - $10,713 million

Closed June 27, 1995

End/Tuesday, June 27, 1995