12.
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,778
0930
+182
Closing balance in the account
2,730
1000
+182
Change attributable to:
1100
+182
Money market activity
+182
1200
+182
LAF today
+770
1500
+182
1600
+182
LAF rate 4.00% bid/6.00% offer TWI 124.0 -0.1* 3.6.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.96
2 years
2805
6.30
100.16
6.31
1 month
5.03
3 years
3904
6.30
99.14
6.74
3 months 5.11
5 years
5103
6.75
97.90
7.41
6 months
5.23
7 years
7305
7.60
99.50
7.84
12 months 5.61
5 years
M502 7.30
99.35
7.61
Total turnover of EF bills and notes - $14.298 million
Closed June 3, 1996
End