10 -
Hong Kong Monetary Authority money market operations
**
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
2,467
0930
+337
Closing balance in the account
2,016
1000
+337
Change attributable to:
1100
+337
Money market activity LAF today
+334
1200
+334
-785
1500
+334
1600
+334
LAF rate 4.00% bid/6.00% offer TWI 123.7 *+0.2* 9.4.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.20
2 years
2802
5.16
98.20
6.30
1 month
5.14
3 years
3901
5.57
97.80
6.54
3 months
5.20
5 years
5103
6.75
99.05
7.10
6 months
5.32
7 years
7302
6.02
93.18
7.43
12 months
5.66
5 years M502
7.30
100.43
7.31
Total turnover of EF bills and notes - $16,548 million
Closed April 9, 1996
End