XN000022-1996-04-03 — Page 13

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Tender form, tender notice and conditions may be obtained from the District Lands Office, Tuen Mun, sixth floor, Tuen Mun Government Office. 1 Tuen Hi Road, Tuen Mun; the Lands Department, 14th floor, Murray Building, Garden Road, and the District Lands Office, Kowloon, 10th floor, Yau Ma Tei Car Park Building, 250 Shanghai Street, Kowloon.

Tender plan can also be inspected at these offices.

The closing date for submission of tender is noon on April 19.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million (hours)

($million)

Opening balance in the account

2.483

0930

+316

Closing balance in the account

2.467

1000

+316

Change attributable to:

1100

+315

Money market activity

+314

1200

+315

LAF today

-330

1500

+315

1600

+314

*

LAF rate 4.00% bid/6.00% offer TWI 123.5 -0.1* 3.4.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.13

2 years

2802

5.16

98.80

5.93

1 month

5.00

3 years

3901

5.57

98.66

6.18

3 months

5.09

5 years

5103

6.75

100.64

6.70

6 months

5.15

7 years

7302

6.02

95.28

7.01

12 months

5.44

5 years

M502

7.30

101.83

6.94

Total turnover of EF bills and notes - $28,138 million

Closed April 3, 1996

End

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