7-
Hong Kong Monetary Authority money market operations
Opening balance in the account
Closing balance in the account
Change attributable to:
Money market activity
LAF today
Cumulative
Time
$ million (hours)
change ($million)
2,388
0930
-232
2,039
1000
-232
1100
-232
-229
1200
-232
-120
1500
-232
1600
-229
LAF rate 4.00% bid/6.00% offer TWI 124.5 +0.0* 17.9.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC
Terms
Yield
Term
Issue Coupon
Price
Yield
1 week
4.85
1 month 4.92
3 months
2 years 3 years
2808 6.00
99.84
6.18
5.13
5 years
3907
5109 7.32
6.80
100.81
6.58
100.86
7.24
6 months 5.25
7 years
7308 7.24
99.03
7.56
12 months 5.59
5 years M503
7.35
99.79
7.54
Total turnover of EF bills and notes - $9,841 million
Closed September 17, 1996
End