XN000022-1996-03-11 — Page 6

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Salt water cut on Tsing Yi Island

Flushing water supply to all premises on Tsing Yi Island will be temporarily suspended from 5 pm on Thursday (March 14)to 8 am the following day to facilitate watermains work.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

(Smillion)

Opening balance in the account

1,572

0930

+1,230

Closing balance in the account

1,469

1000

+1,230

Change attributable to:

1100

+1,230

Money market activity

+1,224

1200

+1,230

LAF today

- 1,327

1500

+1,226

1600

+1,224

LAF rate 4.00% bid/6.00% offer TWI 123.7 -0.1* 011.03.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.94

2 years

2802

5.16

98.29

6.21

1 month

5.30

3 years

3901 5.57

97.99

6.44

3 months

5.42

5 years

5012 6.38

98.16

6.95

6 months

5.54

7 years

7302

6.02

93.86

7.28

12 months 5.70

5 years

M502

7.30

100.59

7.27

Total turnover of EF bills and notes - $21,466 million

Closed March 11, 1996

End