XN000022-1996-01-13+14 — Page 4

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Hong Kong Monetary Authority money market operations

Opening Balance in the account

Closing Balance in the account

Change Attributable to:

Money Market Activity Laf Today

Cumulative

Time

Change

$ Million

(Hours)

($ Million)

2,047

09:30

Nil

1,787

10:00

Nil

11:00

Nil

Nil

11:30

Nil

-260

Laf Rate 4.25% Bid/6.25% Offer TWI 123.3 *+0.0* 13.1.96

End