XN000022-1996-07-24 — Page 6

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Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.16

2 years

2805

6.30

100.10

6.33

1 month

5.15

3 years

3907

6.80

100.30

6.80

3 months

5.27

5 years

5106

7.23

99.91

7.38

6 months

5.46

7

years

7305

7.60

100.23

7.70

12 months

5.85

5 years

M502 7.30

99.43

7.59

Total turnover of EF bills and notes - $16,397 million

Closed July 24, 1996

End