XN000022-1996-06-10 — Page 14

Tender date

Paper on offer

Issue number

Issue date

13

-

Hong Kong Monetary Authority tender results

10 June 1996

EF notes

5106

11 June 1996

Maturity date

11 June 2001

Coupon

Amount applied

Amount allotted

7.23 PCT

HK$1,832 MN

HK$500 MN

99.48 (7.49 PCT)

Average price accepted (yield)

Lowest price accepted (yield)

Pro rata ratio

99.48 (7.49 PCT)

About 50 PCT

Average tender price (yield)

99.40 (7.51 PCT)

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change ($million)

Opening balance in the account

1,867

0930

+97

Closing balance in the account

1,860

1000

+97

Change attributable to :

1100

+93

Money market activity

+93

1200

+93

LAF today

-100

1500

+93

1600

+93

LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0.0* 10.6.96