- 15.
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,049
0930
+350
Closing balance in the account
2,050
1000
+350
Change attributable to:
1100
+350
Money market activity
+346
1200
+350
LAF today
-345
1500
+350
1600
+346
LAF rate 4.00% bid/6.00% offer TWI 123.6 *-0.2* 3.5.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.89
2 years
2802
5.16
98.31
6.27
1 month
5.01
3 years
3904
6.30
99.08
6.76
3 months
5.19
5 years
5103 6.75
97.73
7.44
6 months
5.32
7 years
7302
6.02
91.17
7.86
12 months 5.68
5 years
M502 7.30
99.14
7.67
Total turnover of EF bills and notes - $17,508 million
Closed May 3, 1996
End