XN000022-1996-06-27 — Page 20

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They should submit their applications to the nearest British passport issuing office either by post or in person. The required overseas application forms can be obtained at those offices or the Hong Kong Immigration Department.

For more information, member of the public may telephone 2824 1177 (English) or 2824 1717 (Chinese).

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

1,952

0930

+5

Closing balance in the account

1,732

1000

+5

Change attributable to:

1100

+5

Money market activity

-10

1200

-10

LAF today

-210

1500

1600

ᄒᄒᄒ

-10

-10

LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0.0* 27.6.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue Coupon

Price Yield

1 week

5.16

2 years

2805 6.30

99.94 6.43

1 month

5.10

3

3 months

5.26

6 months

5.50

12 months

5.86

5

years 3904 6.30 5 years 5106 7 years 7305 7.60

years M502

98.93 6.83

7.23

99.50 7.49

99.60 7.82

7.30

99.24

7.64

Total turnover of EF bills and notes - $13,595 million

Closed June 27, 1996

End

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