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Hong Kong Monetary Authority

Tenders to be held in the week beginning August 5, 1996 -

Tender date

6 Aug 96

6 Aug 96

Paper on offer

EF bills

Issue number

Q632

EF bills

Y692

Issue date

7 Aug 96

7 Aug 96

Maturity date

6 Nov 96

6 Aug 97

Tenor

91 days

364 days

Amount on offer

HK$1,500+300 MN

HK$500+150 MN

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change ($million)

Opening balance in the account

1,958

0930

Nil

Closing balance in the account

1,958

1000

Nil

Change attributable to:

1100

Nil

Money market activity

Nil

1200

Nil

LAF today

Nil

1500

Nil

1600

Nil

LAF rate 4.00% bid/6.00% offer TWI 123.9 *-0.1* 30.7.96