10 -
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account Change attributable to:
Money market activity
LAF today
Cumulative
Time
$ million (hours)
change ($million)
1,544
0930
-5
1,424
1000
-5
1100
-25
-78
1200
-24
-42
1500
-44
1600
-78
LAF rate 3.75% bid/5.75% offer TWI 121.9 *-0.1* 6.12.94
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue Coupon
Price
Yield
1 week
4.58
18 months
2605
6.35
99.18
7.07
1 month
5.14
24 months
2611
6.90
99.27
7.44
3 months
5.59
29 months
3704
6.15
97.07
7.65
6 months
6.04
35 months
3710
7.25
98.82
7.86
12 months 6.71 58 months
5909
7.45
97.06
8.37
Total turnover of bills and bonds 21,576 million
-
Closed December 6, 1994
end/Tuesday, December 6, 1994