-
25.
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
Cumulative
Time
change
$ million
(hours)
($million)
1,878
0930
+83
1,888
1000
+83
1100
+85
+55
1200
+85
-45
1500
+85
1600
+55
LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0.1* 12.6.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.01
2
years
2805
6.30
99.77
6.53
1 month
5.09
3 years
3904
6.30
98.73
6.91
3 months
5.25
5 years
5106
7.23
99.29
7.54
6 months
5.46
7 years
7305 7.60
99.32
7.88
12 months
5.87
5 years
M502 7.30
98.92
7.73
Total turnover of EF bills and notes - $30,647 million
Closed June 12, 1996
End