XN000022-1996-10-03 — Page 53

-

52 -

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million

(hours)

($million)

Opening balance in the account

2,164

0930

4

Closing balance in the account

2,128

1000

4

Change attributable to:

1100

-

4

Money market activity

- 36

1200

4

LAF today

NIL

1500

- 6

1600

-36

LAF rate 4.00% bid/6.00% offer TWI 124.9 *+0.1* 3.10.96

Hong Kong Monetary Authority

EF bills

EF notes/MTRC

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

4.90

2 years

2808

6.00

100.05

6.06

1 month

4.99

3 years

3907

6.80

101.14

6.45

3 months

5.16

5 years

5109

7.32

101.54

7.06

6 months 5.27

7 years

7308 7.24

99.78

7.41

12 months 5.56

5 years

M503 7.35

100.62

7.32

Total turnover of EF bills and notes - $13,642 million

Closed October 3, 1996

End