XN000022-1995-08-03 — Page 15

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,774

0930

+531

Closing balance in the account

1,861

1000

+524

Change attributable to:

1100

+524

Money market activity

+572

1200

+572

LAF today

-485

1500

+572

1600

+572

LAF rate 4.25% bid/6.25% offer TWI 119.6 *+0.2* 3.8.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.32

2 years

2705

6.40

100.77

6.02

1 month

5.36

3 years

3807

6.16

99.54 6.43

3 months

5.44

5 years

5006

6.60

98.44

7.10

6 months

5.53

5 years

M501

7.90

101.90

7.56

12 months 5.62

Total turnover of EF bills and notes - $9,678 million

Closed August 3, 1995

End/Thursday, August 3. 1995

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