XN000022-1995-10-02 — Page 7

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

2,194

0930

+913

Closing balance in the account

1,865

1000

+909

Change attributable to:

1100

+905

Money market activity LAF today

+892

1200

+905

-1,221

1500

+906

1600

+892

LAF rate 4.25% bid/6.25% offer TWI 122.1 *+0.1* 2.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.61

2 years

2708

6,06

100.23

6.01

1 month

5.66

3 years

3807

6.16

99.84

6.32

3 months

5.68

5 years

5009

6.95

100.18

7.02

6 months

5.70

5 years

M501

7.90

102.27

7.44

12 months

5.73

Total turnover of EF bills and notes - $18.222 million

Closed October 2, 1995

End/Monday, October 2, 1995