18 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,645
0930
+193
Closing balance in the account
2,326
1000
+193
Change attributable to:
1100
+141
Money market activity
+81
1200
+141
LAF today
+600
1500
+81
1600
+81
LAF rate 3.75% bid/5.75% offer TWI 121.9 *+0.1* 22.12.94
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.88
17 months
2605
6.35
98.88
7.33
1 month
5.20
23 months
2611
6.90
98.96
7.63
3 months
5.59
28 months
3704
6.15
96.69
7.86
6 months
6.21
34 months
3710
7.25
98.55
7.98
12 months
6.85
57 months
5909
7.45
99.76
8.38
Total turnover of bills and bonds 24,039 MN
-
Closed December 22, 1994
End/Thursday, December 22, 1994