· 4 ·
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,148
0930
+465
Closing balance in the account
1,413
1000
+465
Change attributable to :
1100
+565
Money market activity
+566
1200
+566
LAF today
-1,301
1500
+566
1600
+566
LAF rate 4.25% bid/6.25% offer TWI 119.4 *-0.2* 4.4.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.97
14 months
2605
6.35
100.24
6.21
1 month
5.13
23 months
2702
7.50
101.62
6.67
3 months
5.39
28 months
3707
6.95
100.43
6.85
6 months
5.69
34 months
3801
8.00
102.59
7.08
12 months
6.11
60 months
5003
7.75
101.00
7.64
Total turnover of bills and bonds - $21.639 million
Closed April 4, 1995
End/Tuesday, April 4, 1995