· 20
-
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,147
0930
+172
Closing balance in the account
1,389
1000
+172
Change attributable to:
1100
+162
Money market activity
+159
1200
+162
LAF today
+83
1500
+162
1600
+159
LAF rate 3.75% bid/5.75% offer TWI 121.8 *+0.0* 14.12.94
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
4.79
17 months
2605
6.35
98.81 7.37
1 month
5.19
23 months
2611
6.90
98.84 7.70
3 months
5.69
28 months
3704
6.15
96.57 7.91
6 months
6.16
34 months
3710
7.25
98.39 8.04
12 months 6.86
57 months
5909
7.45
96.97 8.39
Total turnover of bills and bonds 18,483 million
-
Closed December 14, 1994
End/Wednesday, December 14, 1994