XN000022-1996-03-13 — Page 11

10

Up to now, about 550 schools have been equipped with computer hardwares, the majority of which have been installed with SAMS applications.

End

Hong Kong Monetary Authority money market operations

Time

Cumulative change

$ million

(hours)

($million)

Opening balance in the account

2.041

0930

+761

Closing balance in the account

1,903

1000

+761

Change attributable to:

1100

+761

Money market activity

+747

1200

+759

LAF today

-885

1500

+749

1600

+747

LAF rate 4.00% bid/6.00% offer TWI 123.7 +0.0* 13.3.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.98

2 years

2802

5.16

98.20

6.26

1 month

5.24

3 years

3901

5.57

97.85

6.50

3 months

5.42

5 years

5012

6.38

98.14

6.96

6 months

5.53

7 years

7302

6.02

93.56

7.34

12 months

5.73

5 years

M502

7.30

100.46

7.31

Total turnover of EF bills and notes - $24,872 million

Closed March 13, 1996

End