13.
Hong Kong Monetary Authority money market operations
Time
$ million (hours)
Cumulative change (Smillion)
Opening balance in the account
2,129
0930
-2,092
Closing balance in the account
1,124
1000
-2,567
Change attributable to :
1100
-2,611
Money market activity
-1,892
1200
-2,619
LAF today
+887
1500
-2,092
1600
-1,892
LAF rate 3.75% bid/5.75% offer TWI 121.0 -0.1* 18.1.95
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
6.15
16 months
6.35 2605
98.46
7.72
1 month
6.34
22 months
2611
6.90
98.36
8.03
3 months
6.53
27 months
3704
6.15
95.90
8.32
6 months
6.87
33 months
3710
7.25
97.37
8.50
12 months 7.34
59 months
5912
8.15
97.70
8.92
Total turnover of bills and bonds - $29,618 million
Closed January 18, 1995
End/Wednesday, January 18, 1995