7
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account
Change attributable to:
Money market activity
LAF today
Time
$ million (hours)
Cumulative change (Smillion)
1,567
0930
+336
2,031
1000
+426
1100
+406
+464
1200
+466
NIL
1500
+466
1600
+464
LAF rate 3.75% bid/5.75% offer TWI 121.0 +0.0* 25.1.95
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.68
16 months
2605
6.35
98.57
7.65
1 month
6.20
22 months
2611
6.90
93.94
8.08
3 months
6.76
27 months
3704
6.15
97.50
8.23
6 months
6.90
36 months
3801
8.00
99.42
8.39
12 months
7.49
59 months
5912
8.15
98.10
8.82
Total turnover of bills and bonds - $45,355 million
Closed January 25, 1995
End/Wednesday, January 25, 1995