XN000022-1995-11-28 — Page 21

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change (Smillion)

Opening balance in the account

2,064

0930

-791

Closing balance in the account

1,856

1000

-791

Change attributable to:

1100

-793

Money market activity

-803

1200

-793

LAF today

+595

1500

-793

1600

-803

LAF rate 4.25% bid/6.25% offer TWI 122.4 *+0.2* 28.11.95

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.63

2 years

2711

5.60

99.92 5.72

1 month

5.61

3 years

3810

6.15

100.61 6.00

3 months

5.58

5 years

5009

6.95

102.03 6.55

6 months

5.58

7 years 7211

6.82

99.98 6.94

12 months

5.58

5 years

M502

7.30

101.25

7.12

Total turnover of EF bills and notes - $14,007 million

Closed November 28, 1995

End/Tuesday, November 28, 1995