-

- 17

-

Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$million

(hours)

($million)

Opening balance in the account

1,619

0930

+339

Closing balance in the account

1,888

1000

+339

Change attributable to :

1100

+334

1

Money market activity

+344

1200

+334

LAF today

-75

1500

+344

1600

+344

LAF rate 4.00% bid/6.00% offer TWI 123.7 *-0.1* 12.8.96

Hong Kong Monetary Authority

EF bills

EF notes

Terms

Yield

Term

Issue

Coupon

Price

Yield

1 week 4.97 1 month 5.03 3 months

2 years

2805

6.30

100.56 6.04

3 years

3907

6.80

101.13 6.47

5.18

5 years 5106

7.23

101.32 7.02

6 months 5.31

7 years

7305

7.60

102.05

7.34

12 months 5.63

5 years M502

7.30

100.78 7.20

Total turnover of EF bills and notes - $7,326 million

Closed August 12, 1996

End

Share This Page