28
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Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,775
0930
-272
Closing balance in the account
2,953
1000
-272
Change attributable to:
1100
-272
Money market activity
-272
1200
-272
LAF today
+450
1500
-272
1600
-272
LAF rate 4.00% bid/6.00% offer TWI 123.4 *-0.3* 6.2.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.07
2 years
2711
5.60
100.82
5.17
1 month
5.10
3 years
3901
5.57
100.70
5.38
3 months
5.12
5 years
5012
6.38
102.47
5.87
6 months
5.12
7 years
7211 6.82
104.00
6.18
12 months
5.10
5 years
M502 7.30
105.00
6.16
Total turnover of EF bills and notes - $14,149 million
Closed February 6, 1996
End