17

-

Hong Kong Monetary Authority money market operations

Opening balance in the account

Closing balance in the account

Char.ge attributable to:

Money market activity

LAF today

Time

$ million (hours)

Cumulative change ($million)

2,031

0930

+13

3,512

1000

+27

1100

+11

+11

1200

+11

+1,470

1500

+11

1600

+11

LAF rate 3.75% bid/5.75% offer TWI 121.0 *+0.0* 26.1.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.78

16 months

2605

6.35

98.75

7.50

1 month

6.14

22 months

2611

6.90

94.18

7.95

3 months

6.59

27 months

3704

6.15

97.81

8.09

6 months

6.85

36 months

3801

8.00

99.81

8.24

12 months

7.31

59 months

5912

8.15

98.78

8.63

Total turnover of bills and bonds $22,997 MN

Closed January 26, 1995

End/Thursday, January 26, 1995

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