22 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$ million
(hours)
($million)
Opening balance in the account
2,370
0930
+529
Closing balance in the account
2,589
1000
+529
Change attributable to:
1100
+529
Money market activity LAF today
+529
1200
+529
- 310
1500
+529
1600
+529
LAF rate 4.00% bid/6.00% offer TWI 124.3 *-0.1* 11.11.96
Hong Kong Monetary Authority
EF notes/MTRC
EF bills
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.87
2 years
2808
6.00
100.66
5.67
1 month
4.89
3 years
3910
6.28
100.60
6.14
3 months
4.95
5 years
5109
7.32
103.02
6.68
6 months
5.02
7 years
7308
7.24
102.02
6.98
12 months 5.26
10 years
1610 7.37
101.63
7.27
5 years
M503 7.35
101.83
7.01
Total turnover of EF bills and notes - $7,381 million
Closed November 11, 1996
End