XN000022-1996-07-09 — Page 16

- 15 -

Hong Kong Monetary Authority

Tenders to be held in the week beginning 15 Jul 1996

Tender date

Paper on offer

Issue number

Issue date

16 Jul 1996

EF bills

Q629

17 Jul 1996

16 Jul 1996

EF bills

H669

17 Jul 1996

Maturity date

16 Oct 1996

15 Jan 1997

Tenor

91 days

182 days

Amount on offer

HK$1,500+300MN

HK$800+160MN

End

Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Change attributable to:

Money market activity

LAF today

Cumulative

Time

$ million (hours)

change ($million)

1,963

0930

1,963

1000

1100

דדד

-1

-1

-1

NIL

1200

-1

NIL

1500

NIL

1600

NIL

LAF rate 4.00% bid/6.00% offer TWI 124.6 *-0.1* 9.7.96