XN000022-1995-07-07 — Page 36

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Hong Kong Monetary Authority money market operations

Time

Cumulative change

$ million

(hours)

($million)

Opening balance in the account.

1,777

0930

+736

Closing balance in the account

2,427

1000

+705

Change attributable to:

1100

+730

Money market activity

+730

1200

+731

LAF today

-80

1500

+731

1600

+730

LAF rate 4.25% bid/6.25% offer TWI 118.5 *+0.1* 7.7.95

Hong Kong Monetary Authority

4

EF bills

EF notes

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

5.20

2 years

2705

6.40

101.40

5.67

1 month

5.28

3 years

3804

6.90

102.65

5.94

3 months

5.35

5 years

5006

6.60

100.40

6.61

6 months

5.37

5 years

M501

7.90

103.85

7.07

12 months

5.42

Total turnover of EF bills and notes - $ 16,012 million

Closed July 7,1995

End/Friday, July 7, 1995

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