46 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1.953
0930
+4
Closing balance in the account
1,955
1000
+4
Change attributable to:
1100
+4
Money market activity
+2
1200
+4
LAF today
NIL
1500
+4
1600
+2
LAF rate 4.00% bid/6.00% offer TWI 124.5 *+0.1* 5.7.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.21
2 years
2805
6.30
100.09
6.34
1 month
5.19
3 years
3904 6.30
99.20
6.72
3 months
5.26
5 years
5106
7.23
100.03
7.35
6 months
5.47
7 years
7305 7.60
100.45
7.65
12 months 5.78
5 years
M502 7.30
99.68
7.52
Total turnover of EF bills and notes - $11,756 million
Closed July 5, 1996
End