29 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,551
0930
-550
Closing balance in the account
2,344
1000
-550
Change attributable to :
1100
-550
Money market activity
-562
1200
-550
LAF today
+355
1500
-550
1600
-562
LAF rate 4.25% bid/6.25% offer TWI 123.8 *+0.2* 19.1.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue Coupon
Price
Yield
1 week
5.45
2 years
2711
5.60
100.66
5.28
1 month
5.42
3 years
3810
6.15
101.97
5.44
3 months
5.36
5 years
5012
6.38
102.43
5.89
6 months
5.31
7 years
7211
6.82
104.10
6.17
12 months
5.20
5 years
M502
7.30
105.00
6.17
Total turnover of EF bills and notes - $12,623 million
Closed January 19, 1996
End