XN000022-1995-08-14 — Page 16

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

(Smillion)

Opening balance in the account

1,675

0930

-167

Closing balance in the account

1,470

1000

-167

Change attributable to:

1100

-175

Money market activity

-175

1200

-175

LAF today

-30

1500

-175

1600

-175

LAF rate 4.25% bid/6.25% offer TWI 120.8 *+0.2* 14.8.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.62

2 years

2705

6.40

100.62

6.11

1 month

5.63

3 years

3807

6.16

98.93

6.67

3 months

5.65

5 years

5006

6.60

97.30

7.40

6 months

5.70

5 years

M501 7.90

100.83

7.83

12 months

5.79

Total turnover of EF bills and notes - $19,242 million

Closed August 14, 1995

End/Monday, August 14, 1995