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16 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,160
0930
-203
Closing balance in the account
1,740
1000
-203
Change attributable to:
1100
-203
Money market activity
-200
1200
-200
LAF today
-220
1500
-200
1600
-200
LAF rate 4.00% bid/6.00% offer TWI 124.1 -0.0* 18.6.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.05
2 years
2805
6.30
100.01
6.39
1 month
5.11
3 years
3904
6.30
99.03
6.79
3 months
5.24
5 years
5106
7.23
99.65
7.45.
6 months
5.45
7 years
7305
7.60
99.81
7.78
12 months
5.85
5 years
M502 7.30
99.28
7.63
Total turnover of EF bills and notes - $12,211 million
Closed June 18, 1996
End