- 20 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
2,073
0930
-721
Closing balance in the account
2,336
1000
-721
Change attributable to:
1100
-721
Money market activity
-724
1200
-715
LAF today
+987
1500
-715
1600
-724
LAF rate 4.25% bid/6.25% offer TWI 123.4*+0.0* 19.9.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
5.85
2 years
2708
6.06
100.21 6.03
1 month
5.81
3 years
3807
6.16
99.82 6.32
3 months
5.80
5 years
5006
6.95
100.33 6.99
6 months 5.81
5 years
M501
7.90
102.44 7.40
12 months 5.81
Total turnover of EF bills and notes - $13,011 million
Closed September 19, 1995
End/Tuesday, September 19, 1995