XN000022-1996-08-27 — Page 8

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Fee for Crown rent account enquiry revised

The fee for enquiry of a Crown rent account maintained by the Treasury will be revised from $60 to $80 with effect from August 31, the Director of Accounting Services announced today (Tuesday).

End

The revision is to recover the costs incurred in providing such service.

Water storage figure

Storage in Hong Kong's reservoirs at 9 am today (Tuesday) stood at 96.2 per cent of capacity or 563.636 million cubic metres.

This time last year the reservoirs contained 541.699 million cubic metres of water, representing 92.4 per cent of capacity.

End

Hong Kong Monetary Authority tender results

Tender date

27 Aug 1996

27 Aug 1996

Paper on offer

EF bills

EF bills

Issue number

Q635

H672

Issue date

28 Aug 1996

28 Aug 1996

Maturity date

27 Nov 1996

26 Feb 1997

Coupon

Amount applied

HK$4,680 MN

HK$3,640 MN

Amount allotted

HK$1,500 MN

HK$800 MN

Average yield accepted

5.14 PCT

5.30 PCT

Highest yield accepted

5.15 PCT

5.32 PCT

Pro rata ratio

About 39 PCT

About 9 PCT

Average tender yield

5.16 PCT

5.33 PCT