8 -
Hong Kong Monetary Authority
Tenders to be held in the week beginning 2 Sept 1996
Tender date
Paper on offer
Issue number
3 Sept 1996
EF bills
Q636
4 Sept 1996
3 Sept 1996
EF bills
Y693
4 Sept 1996
Issue date
Maturity date
4 Dec 1996
3 Sept 1997
Tenor
91 days
364 days
Amount on offer
HK$1,500+300MN
HK$500+150MN
End
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million (hours)
change ($million)
Opening balance in the account
2,259
0930
-299
Closing balance in the account
1,937
1000
-299
Change attributable to:
1100
-299
Money market activity
-300
1200
-300
LAF today
-22
1500
-300
1600
-300
LAF rate 4.00% bid/6.00% offer TWI 123.7 *-0.2* 27.8.96