XN000022-1996-03-27 — Page 13

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Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Change attributable to:

Money market activity

LAF today

*

Time

Cumulative change

$ million

(hours)

($million)

2,807

0930

-8

2,729

1000

-8

1100

-8

-18

1200

-6

-60

1500

-6

1600

-18

LAF rate 4.00% bid/6.00% offer TWI 123.7 *+0.1* 27.3.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Тегт

Issue

Coupon

Price

Yield

1 week

5.07

2 years

2802

5.16

98.80

5.92

1 month

5.04

3 years

3901

5.57

98.71

6.16

3 months

5.12

5 years

5103

6.75

100.78

6.67

6 months 5.19

7 years

7302 6.02

95.50

6.96

12 months

5.48

5 years

M502 7.30

101.87

6.93

Total turnover of EF bills and notes - $33,799 million

Closed March 27, 1996

End