24
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
(Smillion)
Opening balance in the account
1,672
0930
+1,127
Closing balance in the account
2,775
1000
+1,127
Change attributable to:
1100
+1,133
Money market activity
+1,133
1200
+1,133
LAF today
-30
1500
+1,133
1600
+1,133
LAF rate 4.00% bid/6.00% offer TWI 123.6 *+0.0* 12.2.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.77
2 years
2711
5.60
101.14
4.97
1 month 4.81
3 years
3901
5.57
101.13
5.22
3 months
4.87
5 years
5012
6.38
102.70
5.81
+
6 months
4.88
7 years
7211 6.82
104.14
6.16
12 months
4.86
5 years
M502 7.30
105.21
6.11
Total turnover of EF bills and notes - $15,032 million
Closed February 12, 1996
End