XN000022-1996-01-30 — Page 23

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Hong Kong Monetary Authority

Tenders to be held in the week beginning February 5, 1996

Tender date

6 Feb 96

Paper on offer

Issue number

Issue date

EF bills

Q606

7 Feb 96

Maturity date

8 May 96

Tenor

91 days

Amount on offer

HK$1,500 + 300 MN

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

3,024

0930

-522

Closing balance in the account

3,015

1000

-522

Change attributable to:

1100

-550

Money market activity

-562

1200

-550

LAF today

+553

1500

-549

1600

-562

LAF rate 4.25% bid/6.25% offer TWI 123.9 *-0.1* 30.1.96