13 -
Hong Kong Monetary Authority money market operations
Time
Cumulative
change
$ million
(hours)
($million)
Opening balance in the account
2,776
0930
+24
Closing balance in the account
2,050
1000
+24
Change attributable to:
1100
+24
Money market activity
+49
1200
+24
LAF today
-775
1500
+49
1600
+49
LAF rate 4.00% bid/6.00% offer TWI 123.4 +0.4* 29.2.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.72
2 years
2802
5.16
99.52
5.49
1 month
4.83
3 years
3901
5.57
99.65
5.78
3 months
5.00
5 years
5012
6.38
100.54 6.34
6 months
5.09
7 years
7302
6.02
96.62
6.74
12 months 5.16
5 years
M502
7.30
103.12 6.62
Total turnover of EF bills and notes - $15,352 million
Closed February 29, 1996
End