XN000022-1997-01-28 — Page 29

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Hong Kong Monetary Authority interbank liquidity

Time

Aggregate Balance of Settlement

Accounts

Opening Aggregate Balance

374 MN

0930 HR

I 1,242 MN

Closing Aggregate Balance

327 MN

1000 HR

13,246 MN

Change Attributable to:

1100 11R

23,286 MN

Money Market Activity

+544 MN

1200 FR

29,469 MN

Laf Reversal

+7,166 MN

1500 FIR

29.964 MN

Laf Today

-7.757 MN

1600 IIR

31,016 MN

Laf Rate 4.00% BID/6.00% Offer TWI 126.8 * +0.3* 28.1.97

Hong Kong Monetary Authority

EF Bills

EF Notes/MTRC Notes

Terms

Yield

Terms

Issue Coupon Price

Yield

1 week

4.55

2 years

2811

5.72

100.19

5.68

1 month

4.47

3 years

3001

6.17

100.19

6.19

3 months

4.53

5 years

5112 6.57

100.06

6.66

6 months

4.74

7 years

7311

6.80

100.22

6.87

12 months

5.11

10 years

1701 6.89

99.62

7.06

5 years M503 7.35

102.15

6.91

Total Turnover of EF Bills and Notes - $46,658 MN

Closed January 28, 1997

End