- 9
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,255
0930
-49
Closing balance in the account
1,333
1000
-49
Change attributable to:
1100
-31
Money market activity
-42
1200
-33
LAF today
+120
1500
-33
1600
-42
LAF rate 4.25% bid/6.25% offer TWI 122.0 *+0.0* 29.8.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.70
2 years
2708
6.06
100.04
6.13
1 month
5.76
3 years
3807
6.16
99.39
6.49
3 months
5.77
5 years
5006
6.60
98.54
7.08
6 months
5.79
5 years
M501
7.90
101.73
7.59
12 months 5.88
Total turnover of EF bills and notes - $16,956 million
Closed August 29, 1995
End/Tuesday, August 29, 1995