XN000022-1996-07-08 — Page 9

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To save queuing time, the spokesman urged ratepayers to settle payment by autopay, under which their bank accounts will only be debited on rates due dates, or using the Payment by Phone Service.

Application forms for autopay are obtainable from Treasury collection offices, district offices and all major banks in Hong Kong or by telephoning 2881 1033.

For additional information regarding the Payment by Phone Service, please call 9000 0222 329.

End

Water storage figure

Storage in Hong Kong's reservoirs at 9 am today (Monday) stood at 92.8 per cent of capacity or 544.135 million cubic metres.

This time last year the reservoirs contained 405.260 million cubic metres of water, representing 69.2 per cent of capacity.

End

Hong Kong Monetary Authority money market operations

Cumulative

$ million

Time (hours)

change

($million)

Opening balance in the account

1,765

0930

+198

Closing balance in the account

1,963

1000

+198

Change attributable to :

1100

+198

Money market activity

+198

1200

+198

LAF today

Nil

1500

+198

1600

+198

LAF rate 4.00% bid/6.00% offer TWI 124.7 *+0.1* 8.7.96