XN000022-1995-10-16 — Page 18

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,641

0930

+1,534

Closing balance in the account

1,564

1000

+1,534

Change attributable to:

1100

+1,535

Money market activity

+1,536

1200

+1,536

LAF today

-1,613

1500

+1,536

1600

+1,536

LAF rate 4.25% bid/6.25% offer TWI 122.0 *-0.1* 16.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.29

2 years

2708

6.06

100.53

5.83

1 month

5.44

3 years

3807

6.16

100.31

6.12

3 months

5.52

5 years

5009

6.95

101.13

6.79

6 months

5.58

5 years

M501

7.90

103.13

7.21

12 months 5.61

Total turnover of EF bills and notes - $24,304 million

Closed October 16, 1995

End/Monday, October 16, 1995