XN000022-1995-09-29 — Page 25

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

S million

(hours)

($million)

Opening balance in the account

2,406

0930

NIL

Closing balance in the account

2,769

1000

NIL

Change attributable to:

1100

NIL

Money market activity

+698

1200

+2

LAF today

-335

1500

+2

1600

+698

LAF rate 4,25% bid/6.25% offer TWI 121.7 -0.4* 29.9.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.81

2 years

2708 6.06

100.10

6.09

1 month

5.75

3 years

3807

6.16

99.59

6.42

3 months

5.74

5 years

5009

6.95

99.80

7.12

6 months

5.75

5 years

M501 7.90

101.95

7.53

12 months

5.76

Total turnover of EF bills and notes - $7,901 million

Closed September 29, 1995

End/Friday, September 29, 1995