XN000022-1996-07-10 — Page 19

-

18

"In view of the dangerous condition, it was necessary to close and demolish the building for public safety," Mr Kwok said.

The residents' request for re-housing would be referred to the Housing Department for consideration according to their eligibility, Mr Kwok said.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

L

Opening balance in the account

1,963

0930

NIL

Closing balance in the account

1,769

1000

NIL

Change attributable to :

1100

-5

Money market activity LAF today

-6

1200

-5

-188

1500

-7

1600

-6

LAF rate 4.00% bid/6.00% offer TWI 124.5 *-0.1* 10.7.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price Yield

1 week

5.19

2 years

2805

6.30

99.78

6.53

1 month

5.21

3 years

3904

6.30

98.74 6.91

3 months

5.33

5 years

5106

7.23

99.19 7.57

6 months

5.54

7 years

7305

7.60

99.20 7.90

12 months

5.97

5 years

M502 7.30

98.73

7.79

Total turnover of EF bills and notes - $20,233 million

Closed July 10, 1996

End