XN000022-1996-07-08 — Page 10

9.

Hong Kong Monetary Authority

EF notes

EF bills

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

5.25

2 years

2805

6.30 99.66

6.60

1 month

5.27

3 years

3904

6.30

98.56 6.99

3 months

5.35

5 years

5106

7.23

98.89 7.64

6 months

5.61

7 years

7305

7.60

98.99 7.94

12 months

6.00

5 years M502

7.30

98.43

7.88

Total turnover of EF bills and notes - $15,457 million

Closed July 8, 1996

End