19
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
Time
Cumulative change
$ million (hours)
($million)
2,057
0930
+443
1,722
1000
+440
1100
+462
+465
1200
+465
-800
1500
+465
1600
+465
LAF rate 4.25% bid/6.25% offer TWI 118.5 +0.0* 15.6.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.20
2 years
2705
6.40
101.26
5.78
1 month
5.37
3 years
3804
6.90
102.41
6.06
3 months
5.42
5 years
5006
6.60
100.03
6.70
6 months
5.46
5 years
M501
7.90
103.34
7.21
12 months
5.58
Total turnover of EF bills and notes - $16,836 million
Closed June 15, 1995
End/Thursday, June 15, 1995