XN000022-1995-09-06 — Page 9

- 8.

Welfare payment arrangements for public holidays

Recipients of Comprehensive Social Security Assistance under the bank payment system may receive their payments on Friday (September 8) if their pay-days fall on the coming public holidays (September 9 and 10).

A spokesman for the Social Welfare Department said today (Wednesday) that special payment arrangements would also be made for recipients of Social Security Allowance whose pay-days fell on September 9 and 10.

Those who have bank accounts in Hong Kong Bank or Hang Seng Bank will receive their payments on Friday (September 8) whereas those with accounts in other banks will receive their payments next Monday (September 11).

units.

In case of doubt, recipients are advised to contact their social security field

End/Wednesday, September 6, 1995

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$million (hours)

($million)

Opening balance in the account

1.989

0930

-786

Closing balance in the account

1.701

1000

-786

Change attributable to:

1100

-786

Money market activity

-783

1200

-783

LAF today

+505

1500

-783

1600

-783

LAF rate 4.25% bid/6.25% offer TWI 122.4 *+0.2* 6.9.95