28
-
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1.634
0930
+467
Closing balance in the account
2.302
1000
+362
Change attributable to :
1100
1-362
Money market activity
+368
1200
+368
LAF today
+300
1500
+368
1600
+368
LAF rate 4.00% bid/6.00% offer TWI 123.7 *+0.0* 13.5.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.76
2 years
2802
5.16
98.65
6.07
1 month
4.91
3 years
3904
6.30
99.48
6.60
3 months
5.11
5 years
5103
6.75
98.46
7.26
6 months
5.21
7 years
7302
6.02
91.95
7.70
12 months
5.53
5 years
M502
7.30
99.85
7.47
Total turnover of EF bills and notes - $12.835 million
Closed May 13, 1996
End