XN000022-1996-11-20 — Page 12

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Hong Kong Monetary Authority

EF notes/MTRC notes

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

4.90

2 years

2811

5.72

100.17

5.71

1 month

4.89

3 years

3910

6.28

100.79

6.07

3 months

4.89

5 years

5109

7.32

103.29

6.61

6 months

4.99

7 years

7308

7.24

102.42

6.90

12 months

5.23

10 years

1610

7.37

102.25

7.17

5 years

M503

7.35

102.05

6.95

Total turnover of EF bills and notes - $18,344 million

Closed November 20, 1996

End