- 31 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,371
0930
+1174
Closing balance in the account
1,486
1000
+1174
Change attributable to:
1100
+1154
Money market activity
+1,155
1200
+1155
LAF today
-1,040
1500
+1155
1600
+1155
LAF rate 4.25% bid/6.25% offer TWI 118.0*+0.1* 9.5.95
EF bills
Hong Kong Monetary Authority
EF notes/Hong Kong Government bonds
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.63
19 months
2611 6.90
100.99
6.30
1 month
5.65
22 months
2702
7.50
101.99
6.40
3 months
5.75
30 months
3710
7.25
101.57
6.66
6 months
5.83
36 months
3804
6.90
100.48
6.83
12 months 6.01
59 months
5003
7.75
102.35
7.29
Total turnover of bills and bonds - $ 14,066 million
Closed May 9, 1995
End/Tuesday, May 9, 1995