XN000022-1995-11-16 — Page 26

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,575

0930

-105

Closing balance in the account

1,458

1000

-100

Change attributable to:

1100

-104

Money market activity

-117

1200

-104

LAF today

Nil

1500

-117

1600

-117

LAF rate 4.25% bid/6.25% offer TWI 122.2 *+0.2* 16.11.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.45

2 years'

2711

1 month

5.46

3 years

3810

6.15

3 months

5.53

5 years

5009

6.95

5.60 99.79 5.79 6.09 100.39 101.56 6.67

6 months

5.57

5 years

M502

7.30

100.60

7.28

12 months 5.59

Total turnover of EF bills and notes - $16,921 million

Closed November 16, 1995

End/Thurssday, November 16, 1995

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