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Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
1,952
0930
+8
Closing balance in the account
1,886
1000
+8
Change attributable to:
1100
+8
Money market activity
+24
1200
+8
LAF today
-90
1500
+24
1600
+24
LAF rate 4.00% bid/6.00% offer TWI 123.9 *+0.1* 15.8.96
Hong Kong Monetary Authority
EF bills
EF notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.92
2 years
2808 6.00
99.83
6.18
1 month
5.00
3 years
3907
6.80
100.94 6.55
3 months
5.15
5 years
5106
7.23
101.05 7.09
6 months
5.28
7 years 7305
7.60
101.65 7.42
12 months 5.60
5 years M502
7.30
100.40 7.31
Total turnover of EF bills and notes - $4,976 million
Closed August 15, 1996
End