XN000022-1995-08-29 — Page 10

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,255

0930

-49

Closing balance in the account

1,333

1000

-49

Change attributable to:

1100

-31

Money market activity

-42

1200

-33

LAF today

+120

1500

-33

1600

-42

LAF rate 4.25% bid/6.25% offer TWI 122.0 *+0.0* 29.8.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.70

2 years

2708

6.06

100.04

6.13

1 month

5.76

3 years

3807

6.16

99.39

6.49

3 months

5.77

5 years

5006

6.60

98.54

7.08

6 months

5.79

5 years

M501

7.90

101.73

7.59

12 months 5.88

Total turnover of EF bills and notes - $16,956 million

Closed August 29, 1995

End/Tuesday, August 29, 1995