· 13 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,232
0930
+62
G
Closing balance in the account
1,843
1000
+206
Change attributable to:
1100
+206
Money market activity
+207
1200
+209
LAF today
+404
1500
+209
1600
+207
LAF rate 4.25% bid/6.25% offer TWI 122.5 *+0.0* 11.12.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.80
2 years
2711
5.60 100.01
5.67
1 month
5.78
3 years
3810
6.15
100.81 5.92
3 months
5.62
5 years
5009
6.95
102.57
6.41
6 months
5.60
7 years
7211
6.82
100.58
6.83
12 months
5.56
5 years M502
7.30
102.28
6.86
Total turnover of EF bills and notes - $15,446 million
Closed December 11, 1995
End