XN000022-1995-10-31 — Page 15

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

2,432

0930

+140

Closing balance in the account

2,692

1000

+140

Change attributable to :

1100

+140

Money market activity

+145

1200

+145

LAF today

+115

1500

+145

1600

+145

LAF rate 4.25% bid/6.25% offer TWI 122.1 *+0.0* 31.10.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.20

2 years

2708

6.06

100.53

5.82

1 month

5.40

3 years

3810

6.15

100.13

6.19

3 months

5.53

5 years

5009

6.95

101.16

6.78

6 months

5.58

5 years

M501

7.90

103.09

7.22

12 months 5.61

Total turnover of EF bills and notes - $20,344 million

Closed October 31, 1995

End/Tuesday, October 31, 1995