12.
—
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
1,916
0930
+580
Closing balance in the account
2,057
1000
+580
Change attributable to :
1100
+588
Money market activity
+589
1200
+589
LAF today
-448
1500
+589
1600
+589
LAF rate 4.25% bid/6.25% offer TWI 118.5 *+0.2* 14.6.95
Hong Kong Monetary Authority
EF notes
EF bills
Terms
Yield
Term
Issuc
Coupon
Price
Yield
1 week
5.17
2 years
2705 6.40
101.24
5.79
1 month
5.35
3 years
3804
6.90
102.44
6.05
3 months
5.42
5 years
5006 6.60
100.05
6.70
6 months
5.48
5 years
M501
7.90
103.21
7.24
12 months
5.59
Total turnover of EF bills and notes - $24,788 million
Closed June 14, 1995
End/Wednesday, June 14, 1995