XN000022-1996-05-06 — Page 14

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Salt water cut in Sha Tin and Ma On Shan

Flushing water supply to all premises in Sha Tin and Ma On Shan will be temporarily suspended from 9am to 8pm on Thursday (May 9) for the replacement of a control valve.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,970

0930

+431

Closing balance in the account

2,368

1000

+431

Change attributable to:

1100

+431

Money market activity

+431

1200

+431

LAF today

- 33

1500

+431

1600

+431

LAF rate 4.00% bid/6.00% offer TWI 123.6 *+0.0* 6.5.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.91

2 years

2802

5.16

98.41

6.21

1 month

5.01

3 years

3904 6.30

99.23

6.70

3 months

5.16

5 years

5103 6.75

97.87

7.41

6 months

5.29

7 years

7302 6.02

91.28

7.83

12 months 5.65

5 years

M502 7.30

99.22

7.65

Total turnover of EF bills and notes - $17,361 million

Closed May 6, 1996

End