11.
Hong Kong Monetary Authority
Tenders to be held in the week beginning 13 May 1996
Tender date
13 May 1996
14 May 1996
14 May 1996
Paper on offer
EF notes
EF bills
Issue number
2805
Q620
EF bills
Y689
Issue date
14 May 1996
15 May 1996
15 May 1996
Maturity date
14 May 1998
14 Aug 1996
14 May 1997
Tenor
2 years
91 days
364 days
Amount on offer
HK$500+100MN HK$1,500+300MN
HK$500+150MN
Coupon
6.30 PCT
End
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
2,368
0930
+33
Closing balance in the account
1,586
1000
+33
Change attributable to:
1100
+33
Money market activity
+33
1200
+33
LAF today
-815
1500
+33
1600
+33
LAF rate 4.00% bid/6.00% offer TWI 123.6 *+0.0* 7.5.96