8
Hong Kong Monetary Authority money market operations
Time
$ million (hours)
Cumulative change ($million)
Opening balance in the account
1,230
0930
-180
Closing balance in the account
805
1000
-183
Change attributable to:
1100
-183
Money market activity
-265
1200
-182
LAF today
-160
1500
-182
1600
-265
LAF rate 3.75% bid/5.75% offer TWI 121.0 *+0.0* 11.1.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.00
17 months
2605
6.35
98.53
7.65
1 month
5.29
23 months
2611
6.90
98.40
7.99
3 months
5.83
28 months
3704
6.15
95.99
8.26
6 months
6.57
34 months
3710
7.25
97.57
8.40
12 months
7.24
60 months
5912
8.15
97.94
8.86
Total turnover of bills and bonds - $43,428 million
Closed January 11, 1995
End/Wednesday, January 11, 1995