9
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
(Smillion)
Opening balance in the account
1,842
0930
+114
Closing balance in the account
1,980
1000
+114
Change attributable to:
1100
+114
Money market activity
+108
1200
+114
LAF today
+30
1500
+108
1600
+108
LAF rate 4.00% bid/6.00% offer TWI 124.1 +0.0* 9.9.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.02
2 years
2808
6.00
99.43
6.42
1 month 5.07
3 years
3907
6.80
100.25
6.81
3 months
5.24
5 years
5106
7.23
99.77
7.42
6 months
5.40
7 years
7308
7.24
97.85
7.79
12 months 5.81
5 years
M503 7.35
98.89
7.77
Total turnover of EF bills and notes - $15,582 million
Closed September 9, 1996
End