14.
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 ($million)
2,569
0930
+151
1,354
1000
+151
1100
+62
+65
1200
+65
-1,280
1500
+65
1600
+65
LAF rate 4.25% bid/6.25% offer TWI 118.5 *+0.0* 15.3.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.88
14 months
2605
6.35
100.06
6.38
1 month
5.20
23 months
2702
7.50
101.54
6.75
3 months
5.65
28 months
3707
6.95
100.40
6.87
6 months
5.91
34 months
3801
8.00
102.56
7.12
12 months 6.26
57 months
5912
8.15
102.56
7.64
Total turnover of bills and bonds - $38,227 million
Closed March 15, 1995
End/Wednesday, March 15, 1995