XN000022-1995-10-18 — Page 15

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

2,174

0930

+997

Closing balance in the account

3,063

1000

+997

Change attributable to:

1100

+997

Money market activity

+985

. 1200

+997

LAF today

-96

1500

+999

1600

+985

LAF rate 4.25% bid/6.25% offer TWI 121.9 *-0.1* 18.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.32

2 years

2708

6.06

100.64

5.76

1 month

5.40

3 years

3807

6.16

100.50

6.05

3 months

5.49

5 years

5009

6.95

101.40

6.72

6 months

5.53

5 years

M501

7.90

103.31

7.17

12 months

5.56

Total turnover of EF bills and notes - $15,421 million

Closed October 18, 1995

End/Wednesday, October 18, 1995

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