5 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,838
0930
+120
Closing balance in the account
1,835
1000
+120
Change attributable to:
1100
+120
Money market activity
+112
1200
+118
·
LAF today
-115
1500
+118
1600
+112
LAF rate 4.00% bid/6.00% offer TWI 123.7 *+0.1* 6.8.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.96
2 years
2805
6.30
100.55 6.05
1 month
4.99
3 years
3907 6.80
101.07 6.50
3 months
5.10
5 years
5106
7.23
101.13 7.07
6 months
5.25
7 years
7305
7.60
101.79 7.39
12 months
5.55
5 years
M502
7.30
100.68 7.23
Total turnover of EF bills and notes $10,003 million
Closed August 6, 1996
End