XN000022-1995-10-09 — Page 12

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,724

0930

+1,454

Closing balance in the account

2,677

1000

+1,454

Change attributable to:

1100

+1,454

Money market activity

+1,406

1200

+1,444

LAF today

-453

1500

+1,444

1600

+1,406

LAF rate 4.25% bid/6.25% offer TWI 121.8 *-0.1* 9.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.42

2 years

2708

6.06

100.44

5.88

1 month

5.48

3 years

3807

6.16

100.15

6.19

3 months

5.56

5 years

5009

6.95

100.58

6.92

6 months

5.60

5 years

M501

7.90

102.57

7.36

12 months

5.66

Total turnover of EF bills and notes - $10,133 million

Closed October 9, 1995

End/Monday, October 9, 1995