+
- 23
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,718
0930
+584
Closing balance in the account
2.507
1000
+584
Change attributable to:
1100
+584
Money market activity
+586
1200
+585
LAF today
+203
1500
+585
1600
+586
LAF rate 4.25% bid/6.25% offer TWI 123.9 *+0.1* 24.1.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price Yield
I week
5.42
2 years
2711
5.60
100.68 5.26
1 month 5.40
3 years
3901
5.57
100.40 5.50
3 months
5.35
5 years
5012
6.38
102.28 5.92
6 months
5.29
7 years
7211
6.82
103.86
6.21
12 months 5.21
5 years
M502
7.30
104.73
6.24
Total turnover of EF bills and notes - $21,662 million
Closed January 24, 1996
End