20
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)
1,167
0930
+1,406
2,292 1000
+1,572
1100
+1,597
+1,445
1200
+1,445
-320
1500
+1,445
1600
+1,445
LAF rate 4.25% bid/6.25% offer TWI 117.7 *-0.4* 29.3.95
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
EF bills
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
1 month 5.13
5.15
14 months
2605
6.35 100.44 6.02
23 months
2702
7.50
102.05 6.43
3 months
5.40
28 months
3707
6.95
100.99 6.59
6 months
5.60
34 months
3801
8.00
103.20 6.85
12 months 5.90
60 months
5003
7.75
102.08 7.38
Total turnover of bills and bonds - $26,512 million
Closed March 29, 1995
End/Wednesday, March 29, 1995