-
10
Hong Kong Monetary Authority money market operations
Time
Cumulative change
$ million
(hours)
($million)
Opening balance in the account
2,381
0930
-954
Closing balance in the account
2,014
1000
-953
Change attributable to:
1100
-957
Money market activity
-964
1200
-957
LAF today
+597
1500
-957
1600
-964
LAF rate 4.25% bid/6.25% offer TWI 122.4 *-0.1* 19.12.95
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price Yield
1 week
5.85
2 years
2711
5.60
99.83 5.77
I month
5.84
3 years
3810
6.15
100.51 6.04
3 months
5.73
5 years
5009
6.38
99.57
6.59
6 months
5.69
7
years
7211
6.82
99.99
6.94
12 months
5.64
5 years
M502
7.30
102.06
6.91
Total turnover of EF bills and notes - $12,507 million
Closed December 19, 1995
End