7
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)
1,841
0930
+686
2,243
1000
+686
1100
+651
+622
1200
+650
-220
1500
+625
1600
+622
LAF rate 4.25% bid/6.25% offer TWI 118.5 *-0.1* 7.6.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.49
2 years
2705
6.40
101.17
5.83
1 month
5.50
3 years
3804
6.90
102.35
6.09
3 months
5.51
5 years
5003
7.75
104.90
6.64
6 months
5.52
5 years
M501
7.90
103.07
7.28
12 months
5.58
Total turnover of EF bills and notes - $13,869 million
Closed June 7, 1995
End/Wednesday, June 7. 1995