7 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
1,888
0930
+77
Closing balance in the account
1,527
1000
+77
Change attributable to:
1100
+72
Money market activity LAF today
+84
1200
+72
- 445
1500
+84
1600
+84
LAF rate 4.00% bid/6.00% offer TWI 123.8 *+0.1* 13.8.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.95
2 years
2808
6.00
99.91
6.14
1 month
5.01
3 years
3907
6.80
101.06
6.50
3 months
5.17
5 years
5106
7.23
101.27
7.03
6 months
5.28
7 years
7305 7.60
101.95
7.36
12 months 5.61
5 years
M502 7.30
100.56
7.27
Total turnover of EF bills and notes - $9,599 million
Closed August 13, 1996
End