-
16.
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account
Change attributable to:
Money market activity
LAF today
Cumulative
Time
$ million (hours)
change ($million)
2.921
0930
-122
2.807
1000
-122
1100
-122
-114
1200
-114
Nil
1500
-114
1600
-114
LAF rate 4.00% bid/6.00% offer TWI 123.6 *+0.0* 26.3.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.86
2 years
2802
5.16
98.86
5.89
I month
4.92
3 years
3901
5.57
98.76
6.14
3 months
5.06
5 years
5103
6.75
100.93
6.63
6 months 5.14
7
years
7302 6.02
95.61
6.94
12 months 5.46
5 years
M502 7.30
102.10
6.87
Total turnover of EF bills and notes - $22,002 million
Closed March 26, 1996
End