XN000022-1996-12-06 — Page 30

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Hong Kong Monetary Authority money market pperations

Time

Cumulative

change

Opening balance in the account

4,112 MN

0930 HR

+390 MN

Closing balance in the account

4,155 MN

1000 HR

+390 MN

Change attributable to:

1100 HR

+400 MN

Money market activity

+2,363 MN

1200 HR

+401 MN

LAF today

- 2,320 MN

1500 HR

+2366MN

1600 HR

+2363MN

LAF rate 4.00% bid/6.00% offer TWI 124.7 *-0.3* 6.12.96

Hong Kong Monetary Authority

EF Notes/MTRC Notes

EF Bills

Terms

Yield

Terms

Issue

Coupon

Price

Yield

1 week

4.33

2 years

2811

5.72

100.21

5.68

1 month

4.34

3 years

3910

6.28

100.73

6.08

3 months

4.56

5 years

5109

7.32

103.04

6.67

6 months

4.76

7 years

7311

6.80

99.63

6.99

12 months 5.13

10 years

1610

7.37

101.73

7.25

5 years

M503

7.35

101.88

6.99

Total turnover of EF Bills and Notes - $54,199 million

Closed December 6, 1996

End