16-
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,779
0930
+1,019
Closing balance in the account
1,849
1000
+1,019
Change attributable to:
1100
+1,019
Money market activity
+1,024
1200
+1,024
LAF today
-954
1500
+1,024
1600
+1,024
LAF rate 4.00% bid/6.00% offer TWI 123.8 -0.1* 19.4.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.78
2 years
2802
5.16
98.68
6.02
1 month
4.95
3 years
3901
5.57
98.20
6.38
3 months
5.07
5 years
5103
6.75
99.24
7.05
6 months
5.18
7 years
7302 6.02
93.22
7.42
12 months
5.51
5 years
M502 7.30
100.44
7.31
Total turnover of EF bills and notes - $12,386 million
Closed April 19, 1996
End