XN000022-1996-08-21 — Page 13

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She is also eligible for maternity leave pay if she has worked continuously for the same employer for not less than 40 weeks immediately before the expected date of her commencement of maternity leave and if she has no more than two surviving children.

The spokesman said failure to comply with these provisions could incur a maximum fine of $100,000.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million

(hours)

change (Smillion)

Opening balance in the account

1,918

0930

+39

Closing balance in the account

1,957

1000

+39

Change attributable to:

1100

+39

Money market activity

+39

1200

+39

LAF today

NIL

1500

+39

1600

+39

LAF rate 4.00% bid/6.00% offer TWI 123.9 *+0.1* 21.8.96

Hong Kong Monetary Authority

EF bills

EF notes/MTRC

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.96

2 years

2808

6.00

99.94

6.12

1 month

4.99

3 years

3907

6.80

101.05

6.50

3 months

5.14

5 years

5106

7.23

101.10

7.07

6 months 5.25

7 years

7308 7.24

99.65

7.44

12 months

5.55

5 years

M503

7.35

99.95

7.50

Total turnover of EF bills and notes - $14,168 million

Closed August 21, 1996

End