- 10 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,333
0930
-119
Closing balance in the account
1,095
1000
-119
Change attributable to:
1100
-129
Money market activity
-118
1200
-118
LAF today
-120
1500
-118
1600
-118
LAF rate 4.25% bid/6.25% offer TWI 122.3 *+0.3* 30.8.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.80
2 years
2708 6.06
99.94
6.18
1 month
5.79
3 years
3807
6.16
99.29
6.53
3 months
5.81
5 years
5006
6.60
98.31
7.14
6 months
5.83
5 years
M501
7.90
101.46
7.66
12 months 5.89
Total turnover of EF bills and notes - $17,198 million
Closed August 30, 1995
End/Wednesday, August 30, 1995