XN000022-1996-08-17+18 — Page 5

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($ million)

Opening balance in the account

2,160

09:30

-200

Closing balance in the account

1,655

10:00

-200

Change attributable to:

11:00

-200

Money market activity

- 200

11:30

-200

LAF today

- 305

LAF rate 4.00% bid/6.00% offer TWI 123.9 *+0.0* 17.8.96

End