XN000022-1995-10-30 — Page 4

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,614

0930

+960

Closing balance in the account

2,432

1000

+963

Change attributable to:

1100

+963

Money market activity

+958

1200

+963

LAF today

-140

1500

+958

1600

+958

LAF rate 4.25% bid/6.25% offer TWI 122.1 *+0.1* 30.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.28

2 years

2708

6.06

100.49

5.85

1 month

5.43

3 years

3810

6.15

100.04

6.23

3 months

5.54

5 years

5009

6.95

100.89

6.84

6 months

5.59

5 years

M501

7.90

102.82

7.29

12 months

5.64

Total turnover of EF bills and notes - $15,945 million

Closed October 30, 1995

End/Monday, October 30, 1995