XN000022-1995-12-27 — Page 9

- 8

Hong Kong Monetary Authority

Tenders to be held in the week beginning January 2, 1996 -

Tender date

2 Jan 96

Paper on offer

EF bills

Issue number

Q601

2 Jan 96

EF bills

H655

Issue date

3 Jan 96

3 Jan 96

Maturity date

3 Apr 96

3 Jul 96

Tenor

91 days

182 days

Amount on offer

HK$1,500+300 MN

HK$800+160 MN

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,134

0930

+169

Closing balance in the accoun

2,260

1000

+169

Change attributable to :

1100

+146

Money market activity

+146

1200

+146

LAF today

-20

1500

+146

1600

+146

LAF rate 4.25% bid/6.25% offer TWI 122.6 *+0.0* 27.12.95