XN000022-1996-01-29 — Page 13

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Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

1,500

0930

+1,001

Closing balance in the account

3,024

1000

+1,001

Change attributable to :

1100

+1,001

Money market activity

+1,001

1200

+1,001

LAF today

+523

1500

+1,001

1600

+1,001

LAF rate 4.25% bid/6.25% offer TWI 124.0 *-0.1* 29.1.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.40

2 years

2711

5.60

100.65

5.28

1 month

5.40

3 years

3901

5.57

100.40

5.50

3 months

5.35

5 years

5012

6.38

102.34

5.91

6 months

5.29

7 years

7211

6.82

104.00

6.19

12 months

5.21

5 years

M502 7.30

105.00

6.17

Total turnover of EF bills and notes - $14,484 million

Closed January 29, 1996

End

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