18 -
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)
1,913
0930
+593
1,841
1000
+593
1100
+628
+630
1200
+630
-702
1500
+630
1600
+630
LAF rate 4.25% bid/6.25% offer TWI 118.6 *+0.1* 6.6.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.45
2 years
2705
6.40
101.32
5.75
1 month
5.45
3 years
3804
6.90
102.54
6.02
3 months
5.47
5 years
5003
7.75
105.27
6.55
6 months
5.48
5 years
M501
7.90
103.41
7.20
12 months 5.51
Total turnover of EF bills and notes - $12.228 million
Closed June 6, 1995
End/Tuesday, June 6, 1995