22 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
2.189
0930
+307
Closing balance in the account
2,331
1000
+307
Change attributable to:
1100
+310
Money market activity
+314
1200
+313
LAF today
- 172
1500
+313
1600
+314
LAF rate 4.00% bid/6.00% offer TWI 124.9 *+0.1* 25.10.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC
Terms
Yield
Term
Issue
Coupon Price
Yield
1 week
4.97
2 years
2808
6.00
100.31
5.89
1 month 4.91
3 years
3910
6.28
99.98
6.39
3 months
4.98
5 years
5109
7.32
101.96
6.95
6 months 5.07
7 years
7308 7.24
100.28
7.31
12 months 5.33
5 years
M503 7.35
100.75
7.29
Total turnover of EF bills and notes - $8,668 million
Closed October 25, 1996
End