XN000022-1996-11-27 — Page 10

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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$million

(hours)

($million)

Opening balance in the account

3,392

0930

+107

Closing balance in the account

3,459

1000

+107

Change attributable to:

1100

+107

Money market activity

+107

1200

+107

LAF today

- 40

1500

+107

1600

+107

LAF rate 4.00% bid/6.00% offer TWI 124.6 *+0.0* 27.11.96

Hong Kong Monetary Authority

EF Bills

EF Notes/MTRC Notes

Terms

Yield

Term

Issue Coupon Price

Yield

1 week

4.65

2 years

2811

5.72

100.28

5.64

1 month

4.65

3 years

3910

6,28

100.92

6.01

3 months

4.69

5 years

5109

7.32

103.48

6.56

6 months

4.76

7 years

7311

6.80

100.15

6.89

12 months 5.10

5

10 years years

1610 7.37

102.56

7.13

M503

7.35

102.12

6.93

Total turnover of EF Bills and Notes - $27,053 million

Closed November 27, 1996

End

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