XN000022-1995-06-29 — Page 22

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,186

0930

+346

Closing balance in the account

2,413

1000

+346

Change attributable to:

1100

+324

Money market activity

+328

1200

+328

LAF today

- 101

1500

+328

1600

+328

LAF rate 4.25% bid/6.25% offer TWI 118.5 *+0.2* 29.6.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.31

2 years

2705

6.40

101.19

5.80

1 month

5.35

3

years

3804

6.90

102.28

6.10

3 months

5.40

5 years

5006

6.60

99.86

6.74

6 months

5.45

5 years

M501

7.90

103.32

7.21

12 months

5.50

Total turnover of EF bills and notes - $14,201 million

Closed June 29, 1995

End/Thursday, June 29, 1995