XN000022-1996-11-22 — Page 28

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The four monitors comprised two non-official Justices of the Peace, Mr Yeung Po-kwan and Mr Luk Hing-too; and representatives from two non-government organisations, Mrs Anthea Strickland from Save the Children Fund and Mr Tik Chi- yuen from Oxfam.

End

Hong Kong Monetary Authority money market operations

Cumulative

Time

$million

(hours)

change ($million)

Opening balance in the account

2,899

0930

-3

Closing balance in the account

2,939

1000

-3

Change attributable to:

1100

-3

Money market activity

NIL

1200

LAF today

+40

1500

3332분

NIL

1600

NIL

LAF rate 4.00% bid/6.00% offer TWI 124.2 *+0.0* 22.11.96

Hong Kong Monetary Authority

EF notes/MTRC notes

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week

5.00

2 years

2811

5.72

100.11

5.74

1 month

4.92

3 years

3910

6.28

100.74

6.08

3 months

4.91

5 years

5109

7.32

103.29

6.61

6 months

4.99

7 years

7308

7.24

102.47

6.89

12 months

5.24

10 years

1610

7.37

102.42

7.15

5 years

M503

7.35

102.11

6.93

Total turnover of EF bills and notes - $15,199 million

Closed November 22, 1996

End