XN000022-1996-12-18 — Page 11

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Hong Kong Monetary Authority

EF notes/MTRC notes

EF bills

Terms

Yield

Terms

Issue

Coupon

Price

Yield

1 week

4.18

2 years

2811

5.72

100.09

5.75

1 month

4.32

3 years

3910

6.28

100.55

6.15

3 months

4.63

5 years

5112

6.57

99.38

6.83

6 months

4.88

7 years

7311

6.80

98.77

7.15

12 months

5.17

10 years

1610

7.37

100.76

7.39

5 years

M503

7.35

101.38

7.12

Total turnover of ef bills and notes - $14,323 mn

Closed December 18, 1996

End