XN000022-1996-10-24 — Page 25

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The changes are within the normal range of fluctuation of the bacteriological water quality of these beaches.

This is the last report on beach water quality gradings in 1996, as the bathing season will come to an end by late October. An annual review on the water quality of various bathing beaches in the bathing season of 1996 will be prepared by EPD by the end of this years.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$ million (hours)

change (Smillion)

Opening balance in the account

2,221

0930

+156

Closing balance in the account

2,189

1000

+156

Change attributable to:

1100

+168

Money market activity

+168

1200

+168

LAF today

-200

1500

+168

1600

+168

LAF rate 4.00% bid/6.00% offer TWI 124.8 *-0.1* 24.10.96

Hong Kong Monetary Authority

EF notes/MTRC

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.87

2 years

2808

6.00

1 month

4.86

3 years 3910

6.28

3 months

4.98

5 years

5109

7.32

6 months

5.06

7 years 7308 7.24

12 months

5.31

5 years

M503

7.35

100.04 102.06 6.93 100.40 100.85

100.35 5.87 6.36

7.29

7.26

Total turnover of EF bills and notes - $8,993 million

Closed October 24, 1996

End