- 23.
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
1,545
0930
+964
Closing balance in the account
2,524
1000
+964
Change attributable to:
1100
+1,015
Money market activity
+979
1200
+1,015
LAF today
NIL
1500
+1,015
1600
+979
LAF rate 4.25% bid/6.25% offer TWI 118.3 *+0.0* 26.6.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.34
2 years
2705
6.40
101.28
5.75
1 month
5.39
3 years
3804
6.90
102.39
6.06
3 months
5.43
5 years
5006
6.60
100.02
6.70
6 months
5.47
5 years
M501 7.90
103.31
- 7.21
12 months
5.53
Total turnover of EF bills and notes - $ 8,380 million
Closed June 26,1995
End/Monday, June 26, 1995