34
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
Time
$ million (hours)
Cumulative change ($million)
1,732
0930
+226
7,516
1000
+226
1100
+226
+630
1200
+230
+5,154
1500
+230
1600
+630
LAF rate 4.00% bid/6.00% offer TWI 124.40 *-0.1* 28.6.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price Yield
1 week
5.18
2 years
2805
6.30
100.04 6.37
1 month
5.11
3 years
3904
6.30
99.08
6.77
3 months
5.24
5 years
5106
7.23
99.80
7.41
6 months
5.47
7 years
7305
7.60
99.96
7.75
12 months
5.82
5 years
M502
7.30
99.49 7.57
Total turnover of EF bills and notes - $23.329 million
Closed June 28, 1996
End