15 -
Hong Kong Monetary Authority money market operations
Time
Cumulative change
$ million
(hours)
(Smillion)
Opening balance in the account
1,692
0930
-375
Closing balance in the account
1,147
1000
-375
Change attributable to:
1100
-355
Money market activity
-355
1200
-355
LAF today
-190
1500
-355
1600
-355
LAF rate 3.75% bid/5.75% offer TWI 121.8 *-0.1* 13.12.94
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.70
18 months
2605 6.35
98.97
7.24
1 month
5.14
24 months
2611
6.90
99.00
7.60
3 months
5.60
29 months
3704
6.15
96.73
7.83
6 months
6.12
35 months
3710
7.25
98.56
7.97
12 months 6.80
58 months 5909
7.45
97.02
8.38
Total turnover of bills and bonds 8,120 million
-
Closed December 13, 1994
End/Tuesday, December 13, 1994