- 16
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,890
0930
+70
Closing balance in the account
2,323
1000
+70
Change attributable to:
1100
+70
Money market activity
+33
1200
+68
LAF today
+400
1500
+68
1600
+33
LAF rate 4.00% bid/6.00% offer TW1 124.4 *+0.2* 5.6.96
Hong Kong Monetary Authority
EF bills
Ef notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.03
2 years
2805
6.30
100.09
6.34
1 month
5.05
3 years
3904
6.30
99.01
6.79
3 months
5.15
5 years
5103
6.75
97.72
7.45
6 months
5.29
7 years
7305
7.60
99.31
7.88
12 months
5.67
5 years
M502 7.30
99.05
7.70
Total turnover of EF bills and notes - $24,254 million
Closed June 5, 1996
End