19 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,004
0930
-50
Closing balance in the account
1,630
1000
-50
Change attributable to:
1100
-50
Money market activity LAF today
-49
1200
-50
- 325
1500
-40
1600
-49
LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0.0* 3.7.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.25
2 years
2805
6.30
100.08
6.35
1 month 5.17
3 years
3904
6.30
99.16
6.74
3 months
5.27
5 years
5106
7.23
100.05
7.35
6 months
5.47
7 years
7305
7.60
100.46
7.65
12 months
5.80
5 years
M502
7.30
99.55
7.56
Total turnover of EF bills and notes - $22,796 million
Closed July 3, 1996
End
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