XN000022-1995-11-17 — Page 32

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

1,458

0930

+13

Closing balance in the account

1,466

1000

+13

Change attributable to:

1100

+13

Money market activity

+8

1200

+13

LAF today

NIL

1500

+13

1600

+8

LAF rate 4.25% bid/6.25% offer TWI 122.2 *+0.0* 17.11.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term Issue

Coupon Price Yield

1 week

5.50

2 years

5.60

1 month

5.50

3 years

3 months

5.52

5 years

6 months

5.55

5 years M502

2711

99.83 5.77 3810 6.15 100.46 6.06 5009 6.95 101.71 7.30 100.91

6.64

7.20

12 months

5.57

Total turnover of EF bills and notes - $9,048 million

Closed November 17, 1995

End/Friday, November 17, 1995