15 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours) ($million)
Opening balance in the account
4,055
0930
-2,350
Closing balance in the account
2,483
1000
-2,100
Change attributable to:
1100
-2,100
Money market activity
-2,098
1200
-2,098
LAF today
+526
1500
-2,098
1600
-2,098
LAF rate 3.75% bid/5.75% offer TWI 121.8 *-0.1* 20.12.94
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5,12
17 months
2605 6.35
98.82
7.37
1 month
5.34
23 months
2611
6.90
98.80
7.73
3 months
5.66
28 months
3704
6.15
96.54
7.93
6 months
6.21
34 months
3710
7.25
98.39
8.04
12 months 6.89
57 months
5909
7.45
99.47
8.45
Total turnover of bills and bonds 16,442 million
-
Closed December 20, 1994
End/Tuesday, December 20, 1994