XN000022-1996-10-16 — Page 6

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Hong Kong Monetary Authority

EF notes/MTRC

EF bills

Terms

Yield

Term

Issue

Coupon Price Yield

1 week

4.80

2 years

2808

6.00

100.23

5.95

1 month 4.90

3 years

3910

6.80

99.86

6.43

3 months

5.07

5 years

5109

7.32

101.86

6.98

6 months

5.17

7 years

7308

7.24

100.09 7.35

12 months

5.41

5 years

M503

7.35

100.77 7.28

Total turnover of EF bills and notes - $19,129 million

Closed October 16, 1996

End