40
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,333
0930
+170
Closing balance in the account
2,383
1000
+170
Change attributable to:
1100
+190
Money market activity
+195
1200
+190
LAF today
-145
1500
+195
1600
+195
LAF rate 4.25% bid/6.25% offer TWI 118.8 *+0.7* 1.6.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.67
2 years
2705
6.40
100.74
6.08
1 month
5.68
3 years
3804
6.90
101.62
6.38
3 months
5.71
5 years
5003
7.75
103.69
6.95
6 months
5.75
5 years
M501 7.90
101.92
7.57
12 months
5.82
Total turnover of EF bills and notes - $13,669 million
Closed June 1, 1995
End/Thursday, June 1, 1995