- 15 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,231
0930
+310
Closing balance in the account
1,311
1000
+310
Change attributable to:
1100
+320
Money market activity
+326
1200
+338
LAF today
-1,246
1500
+338
1600
+326
LAF rate 4.25% bid/6.25% offer TWI 118.2 *-0.3* 3.5.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
5.72
19 months
2611
6.90
100.75 6.48
1 month
5.70
22 months
2702
7.50
101.69 6.59
3 months
5.75
30 months
3710
7.25
101.07 6.89
6 months
5.85
36 months
3804
6.90
99.85 7.08
12 months
6.17
59 months
5003
7.75
101.08
7.62
Total turnover of bills and bonds - $ 16,572 million
Closed May 3, 1995
End/Wednesday, May 3, 1995