- 16 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
$ million
(hours)
change ($million)
Opening balance in the account
2,999
0930
- 100
Closing balance in the account
2,903
1000
- 100
Change attributable to:
1100
+
- 100
Money market activity
- 146
1200
- 100
LAF today
+50
1500
- 100
1600
- 146
LAF rate 4.00% bid/6.00% offer TWI 124.8 *-0.2* 31.10.96
Hong Kong Monetary Authority
EF notes/MTRC
EF bills
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.94
2 years
2808 6.00
100.58
5.73
1 month
4.91
3 years
3910
6.28
100.48
6.19
3 months
4.93
5 years
5109
7.32
102.68
6.77
6 months
4.98
7 years
7308
7.24
101.30
7.12
12 months 5.28
10 years
1610
7.37
100.41
7.45
5 years M503 7.35
101.45
7.11
Total turnover of EF bills and notes - $11,522 million
Closed October 31, 1996
End