XN000022-1996-10-22 — Page 13

Tender date

28 Oct 96

Paper on offer

EF Notes

Issue number

1610

12 -

Hong Kong Monetary Authority

Tenders to be held in the week beginning October 28, 1996 -

29 Oct 96

EF Bills

Y695

29 Oct 96

EF Bills

Q644

Issue date

29 Oct 96

30 Oct 96

30 Oct 96

Maturity date

30 Oct 2006

29 Jan 1997

29 Oct 1997

Tenor

10 years

91 days

364 days

Amount on offer

HK$500+100 MN HK$1,500+300 MN HK$500+150 MN

Coupon

7.37 PCT

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million (hours)

($million)

Opening balance in the account

2,098

0930

+159

Closing balance in the account

2,246

1000

+159

Change attributable to:

1100

+159

Money market activity

+148

1200

+162

LAF today

Nil

1500

+162

1600

+148

LAF rate 4.00% bid/6.00% offer TWI 124.9 *+0.0* 22.10.96