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Hong Kong Monetary Authority money market operations
**
Cumulative
Time
change
$million
(hours)
(Smillion)
Opening balance in the account
1,833
0930
+967
Closing balance in the account
1,358
1000
+967
Change attributable to:
1100
+967
Money market activity
+960
1200
+965
LAF today
-1,435
1500
+965
1600
+960
LAF rate 4.00% bid/6.00% offer TWI 124.1 *+0.0* 16.4.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.93
2 years
2802
5.16
98.67
6.02
1 month
4.99
3 years
3901
5.57
98.28
6.35
3 months
5.07
5 years
5103
6.75
99.44
7.00
6 months
5.17
7 years
7302
6.02
93.68
7.33
12 months 5.48
5 years
M502
7.30
100.56
7.28
Total turnover of EF bills and notes - $21,307 million
Closed April 16, 1996
End
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