6
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
(Smillion)
Opening balance in the account
2,016
0930
+784
Closing balance in the account
2,080
1000
+784
Change attributable to :
1100
+784
Money market activity
+784
1200
+784
LAF today
-720
1500
+784
1600
+784
LAF rate 4.00% bid/6.00% offer TWI 124.0 *+0.3* 10.4.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.23
2 years
2802
5.16
98.38
6.19
1 month
5.12
3 years
3901
5.57
97.94
6.49
3 months
5.17
5 years
5103
6.75
99.31
7.04
6 months
5.30
7 years
7302
6.02
93.54
7.36
12 months
5.60
5 years
M502
7.30
100.35
7.34
Total turnover of EF bills and notes - $32,263 million
Closed April 10, 1996
End