- 16.

Hong Kong Monetary Authority money market operations

Time

Cumulative change

$ million

(hours)

($million)

Opening balance in the account

1,788

0930

+23

Closing balance in the account

1,230

1000

-276

Change attributable to:

1100

-276

Money market activity

-418

1200

-279

LAF today

-140

1500

-490

1600

-418

LAF rate 3.75% bid/5.75% offer TWI 121.0 *-0.6* 10.1.95

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

EF bills

Terms

Yield

Term

Issue

Coupon

Price

Yield

I week

5.06

17 months

2605

6.35

98.59

7.60

1 month

5.22

23 months

2611 6.90

98.49

7.94

3 months

5.73

28 months

3704

6.15

96.09

8.20

6 months

6.51

34 months

3710

7.25

97.73

8.33

12 months

7.16

60 months 5912

8.15

98.26

8.77

Total turnover of bills and bonds - $30,382 MN

Closed January 10, 1995

End/Tuesday, January 10, 1995

E

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