- 17 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,485
0930
+368
Closing balance in the account
1,323
1000
+368
Change attributable to:
1100
+354
Money market activity
+356
1200
+356
LAF today
-518
1500
+356
1600
+356
LAF rate 3.75% bid/5.75% offer TWI 121.5 -0.1* 6.1.95
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.06
17 months
2605
6.35
98.67
7.54
1 month
5.20
23 months
2611
6.90
98.66
7.83
3 months
5.66
28 months
3704
6.15
96.35
8.06
6 months
6.35
34 months
3710
7.25
98.09
8.18
12 months
7.09.
60 months
5912
8.15
99.15
8.54
Total turnover of bills and bonds - $13,640 million
Closed January 6, 1995
End/Friday, January 6, 1995