- 26-
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,483
0930
+320
Closing balance in the account
3,216
1000
+320
Change attributable to :
1100
+320
Money market activity
+323
1200
+323
LAF today
+410
1500
+323
1600
+323
LAF rate 4.00% bid/6.00% offer TWI 123.6 *-0.1* 29.3.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.10
2 years
2802
5.16
98.54
6.08
1 month
5.03
3 years
3901
5.57
98.37
6.30
3 months
5.09
5 years
5103
6.75
100.10
6.84
6 months 5.16
7 years
7302 6.02
94.71
7.12
12 months 5.50
5 years
M502 7.30
101.36
7.07
Total turnover of EF bills and notes - $23,136 million
Closed March 29, 1996
End