- 24
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
2,981
0930
-5,304
Closing balance in the account
2,735
1000
-5,992
Change attributable to:
1100
-5,482
Money market activity
-1,828
1200
-3,927
LAF today
+1,582
1500
-1,825
1600
-1,828
LAF rate 3.75% bid/5.75% offer TWI 120.8 *+0.0* 13.1.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week 1 month 8.24
8.09
17 months
2605
6.35
97.83
8.24
23 months
2611
6.90
97.60 8.50
3 months
7.75
28 months
3704
6.15
94.98
8.79
6 months 7.88
34 months
3710
7.25
96.37
8.93
12 months 8.10
60 months
5912
8.15
96.32
9.30
Total turnover of bills and bonds - 43,650 MN
Closed January 13, 1995
End/Friday, January 13, 1995