- 13
13 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
(Smillion)
Opening balance in the account
2,303
0930
-143
Closing balance in the account
1,980
1000
-143
Change attributable to:
1100
-143
Money market activity
- 143
1200
-143
LAF today
- 180
1500
-143
1600
-143
LAF rate 4.00% bid/6.00% offer TWI 124.6 *-0.1* 8.10.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.85
2 years
2808
6.00
100.17
5.98
1 month 4.93
3 years
3907
6.80
101.31
6.37
3 months 6 months 5.22 12 months
5.14
5 years
5109
7.32
101.87
6.98
7 years
7308 7.24
100.19
7.33
5.48
5 years
M503
7.35
100.90
7.25
Total turnover of EF bills and notes - $8,573 million
Closed October 8, 1996
End