21 -
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)
1,714
0930
+788
2,200
1000
+788
+721
1100
+792
-235
1200
+809
1500
+809
1600
+721
LAF rate 4.25% bid/6.25% offer TWI 118.5*+0.0* 20.6.95
Hong Kong Monetary Authority"
EF bills
EF notes
Terms
Yield
Term
Issue Coupon Price
Yield
1 week
5.31
2 years
2705 6.40
101.16
5.83
1 month
5.44
3 years
3804
6.90
102.27
6.11
3 months
5.49
5 years
5006
6.60
99.83
6.75
6 months
5.54
5 years
M501 7.90
103.21
7.24
12 months
5.66
Total turnover of EF bills and notes - $12,623 million
Closed June 20, 1995
End/Tuesday, June 20, 1995