XN000022-1995-12-18 — Page 11

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Hong Kong Monetary Authority tender results

Tender date

Paper on offer

Issue number

Issue date

18 Dec 1995

EF notes

5012

19 Dec 1995

Maturity date

19 Dec 2000

Coupon

Amount applied

Amount allotted

Average price accepted (yield)

Lowest price accepted (yield)

Pro rata ratio

6.38 PCT

HK$1,410 MN

HK$500 MN

99.94 (6.50 PCT)

99.90 (6.51 PCT)

About 25 PCT

Average tender price (yield)

99.86 (6.52 PCT)

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

(Smillion)

Opening balance in the account

1,683

0930

-246

Closing balance in the account

2.381

1000

-247

Change attributable to:

1100

-276

Money market activity

-251

1200

-250

LAF today

+949

1500

-250

1600

-251

LAF rate 4.25% bid/6.25% offer TWI 122.5 *-0.1* 18.12.95