I
- 13
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,963
0930
-693
Closing balance in the account
1,560
1000
-693
Change attributable to:
1100
-693
Money market activity
-691
1200
-691
LAF today
+288
1500
-691
1600
-691
LAF rate 4.25% bid/6.25% offer TWI 122.4 *-0.2* 04.12.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.64
2 years
2711
5.60
100.10 5.62
1 month
5.63
3 years
3810
6.15
100.98
5.86
3 months
5.55
5 years
5009
6.95
102.79 6.36
6 months
5.54
7 years
7211
6.82
100.83 6.78
12 months
5.51
5 years
M502
7.30
102.54 6.80
Total turnover of EF bills and notes - $13,259 million
Closed December 4, 1995
End