- 28
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2.137
0930
+667
Closing balance in the account
2.314
1000
+667
Change attributable to:
1100
+667
Money market activity
+650
1200
+667
LAF today
- 473
1500
+668
1600
+650
LAF rate 4.00% bid/6.00% offer TWI 123.6 *+0.1* 07.03.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.68
2 years
2802
5.16
99.37
5.58
1 month
4.86
3 years
3901
5.57
99.50
5.84
3 months
5.00
5 years
5012
6.38
100.49
6.35
6 months
5.12
7 years
7302
6.02
96.67
6.73
12 months
5.22
5 years
M502
7.30
103.02
6.64
Total turnover of EF bills and notes - $25,887 million
Closed March 7, 1996
End