· 13 -
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
Cumulative
Time
$ million (hours)
change ($million)
2,292
0930
-369
2,296
1000
-139
1100
+41
+34
1200
+41
-30
1500
+41
1600
+34
LAF rate 4.25% bid/6.25% offer TWI 121.4 +0.1* 8.2.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.94
16 months
2605
6.35
99.30
7.04
1 month
6.00
22 months
2611
6.90
99.51
7.32
3 months
6.24
30 months
3707
6.95
98.85
7.61
6 months
6.51
36 months
3801
8.00
101.01
7.76
12 months 6.90
59 months
5912
8.15
100.45
8.19
Total turnover of bills and bonds - $18,189 million
Closed February 8, 1995
End/Wednesday, February 8, 1995