XN000022-1996-02-13 — Page 24

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Hong Kong Monetary Authority money market operations

Time

Cumulative change

$ million

(hours)

($million)

Opening balance in the account

2,775

0930

+26

Closing balance in the account

2,417

1000

+26

Change attributable to:

1100

+26

Money market activity

+25

1200

+25

LAF today

-383

1500

+25

1600

+25

LAF rate 4.00% bid/6.00% offer TWI 123.5 *-0.1* 13.2.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.73

2 years

2802

5.16

100.40

5.01

1 month

4.78

3 years

3901

5.57

101.20

5.19

3 months

4.86

5 years

5012 6.38

102.94

5.76

6 months

4.87

7 years

7211

6.82

104.52

6.09

12 months 4.87

5 years

M502 7.30

105.40

6.06

Total turnover of EF bills and notes - $17,353 million

Closed February 13, 1996

End