XN000022-1995-08-30 — Page 11

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,333

0930

-119

Closing balance in the account

1,095

1000

-119

Change attributable to:

1100

-129

Money market activity

-118

1200

-118

LAF today

-120

1500

-118

1600

-118

LAF rate 4.25% bid/6.25% offer TWI 122.3 *+0.3* 30.8.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.80

2 years

2708 6.06

99.94

6.18

1 month

5.79

3 years

3807

6.16

99.29

6.53

3 months

5.81

5 years

5006

6.60

98.31

7.14

6 months

5.83

5 years

M501

7.90

101.46

7.66

12 months 5.89

Total turnover of EF bills and notes - $17,198 million

Closed August 30, 1995

End/Wednesday, August 30, 1995