17 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,101
0930
+55
Closing balance in the account
2,313
1000
+55
+
Change attributable to:
1100
+55
Money market activity
+55
1200
+55
LAF today
+157
1500
+55
1600
+55
LAF rate 4.00% bid/6.00% offer TWI 124.4 -0.1* 24.9.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
5.08
2 years
2808
6.00
99.64
6.30
1 month
5.09
3 years
3907
6.80
100.56
6.68
3 months
5.19
5 years
5109
7.32
100.50
7.33
6 months 5.34
7 years
7308
7.24
98.53
7.66
12 months 5.69
5 years
M503 7.35
99.44
7.63
Total turnover of EF bills and notes - $7,414 million
Closed September 24, 1996
End