20
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account
Change attributable to:
Money market activity
LAF today
Cumulative
Time
$ million (hours)
change ($million)
2,507
0930
-202
3,118
1000
-202
1100
-202
-209
1200
-207
+820
1500
-207
1600
-209
LAF rate 4.25% bid/6.25% offer TWI 123.9 *+0.0* 25.1.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.58
2 years
2711
5.60
100.66
5.27
1 month
5.49
3 years
3901
5.57
100.40
5.50
3 months
5.40
5 years
5012
6.38
102.45
5.88
6 months
5.33
7 years
7211
6.82
104.16
6.16
12 months 5.22
5 years
M502 7.30
105.03
6.16
Total turnover of EF bills and notes - $18,341 million
Closed January 25, 1996
End