23
Hong Kong Monetary Authority
Tenders to be held in the week beginning 3 Jun 1996
Tender date
Paper on offer
Issue number
Issue date
4 Jun 1996
EF bills
Q623
5 Jun 1996
4 Jun 1996
EF bills
H666
5 Jun 1996
Maturity date
Tenor
4 Sept 1996
91 days
4 Dec 1996
182 days
Amount on offer
HK$1,500+300MN
HK$800+160MN
End
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,258
0930
-296
Closing balance in the account
1,627
1000
-296
Change attributable to:
1100
-296
Money market activity
-326
1200
-299
LAF today
-305
1500
-299
1600
-326
LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0,2* 28.5.96