-
29 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
3,118
0930
-815
Closing balance in the account
2,545
1000
-815
Change attributable to:
1100
-815
Money market activity
-593
1200
-618
LAF today
+20
1500
-593
1600
-593
LAF rate 4.25% bid/6.25% offer TWI 124.1 *+0.2* 26.1.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.56
2 years
2711
5.60
100.62
5.30
1 month
5.48
3 years
3901
5.57
100.31
5.53
3 months
5.39
5 years
5012
6.38
102.25
5.93
6 months 5.33
7 years
7211
6.82
103.85
6.21
12 months 5.23
5 years
M502
7.30
104.85
6.21
Total turnover of EF bills and notes - $14,440 million
Closed January 26, 1996
End