13 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,498
0930
+786
Closing balance in the account
2,164
1000
+786
Change attributable to:
1100
+826
Money market activity
+811
1200
+826
LAF today
-145
1500
+814
1600
+811
LAF rate 4.25% bid/6.25% offer TWI 119.0 *+0.0* 31.7.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.30
2 years
2705
6.40
100.64
6.10
1 month
5.38
3 years
3807
6.16
99.26
6.54
3 months
5.47
5 years
5006
6.60
98.10
7.19
6 months
5.57
5 years M501
7.90
101.52
7.65
12 months
5.69
Total turnover of EF bills and notes - $12,157 million
Closed July 31, 1995
End/Monday, July 31, 1995