- 13 -
Hong Kong Monetary Authority money market operations
**
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,423
0930
+9
Closing balance in the account
1,489
1000
+9
Change attributable to:
1100
+9
Money market activity
-14
1200
+13
LAF today
+80
1500
+22
1600
-14
LAF rate 4.25% bid/6.25% offer TWI 122.6 *+0.1* 13.12.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
5.86
2 years
2711
5.60 99.96
5.70
1 month
5.84
3 years
3810
6.15
100.77
5.94
3 months
5.67
5 years
5009
6.95
102.47
6.44
6 months
5.62
7 years
7211
6.82
100.54
6.83
12 months
5.60
5 years M502
7.30
102.20
6.88
Total turnover of EF bills and notes - $15,025 million
Closed December 13, 1995
End