- 10 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,692
0930
-115
Closing balance in the account
1,261
1000
-121
Change attributable to :
1100
-118
Money market activity
-141
1200
-115
LAF today
-1,290
1500
-115
1600
-141
LAF rate. 4.25% bid/6.25% offer TWI 122.4 *+0.3* 2.11.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.22
2 years
2708
6.06 100.72 5.70
1 month
5.34
3 years
3810
6.15
100.43
6.08
3 months
5.49
5 years
5009
6.95
101.51
6.69
6 months
5.53
5 years
M501
7.90
103.43
7.13
12 months
5.56
Total turnover of EF bills and notes - $26,568 million
Closed November 2, 1995
End/Thursday, November 2, 1995