- 22.
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account
Change attributable to:
Money market activity
LAF today
Time
$ million (hours)
Cumulative change ($million)
2,111
0930
-154
3,460
1000
-154
1100
-150
+47
1200
-149
+1,302
1500
-149
1600
+47
LAF rate 4.00% bid/6.00% offer TWI 123.9 *+0.0* 17.5.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.08
2 years
2805
6.30
100.32
6.22
1 month
5.08
3 years
3904
6.30
99.29
6.68
3 months
5.16
5 years
5103
6.75
98.24
7.31
6 months 5.25
7 years
7302 6.02
91.74
7.74
12 months 5.61
5 years
M502 7.30
99.69
7.52
Total turnover of EF bills and notes - $16,958 million
Closed May 17, 1996
End