14 -
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
Smillion
(hours)
($million)
Opening balance in the account
2,369
0930
+528
Closing balance in the account
3,404
1000
+1,128
Change attributable to:
1100
+1,128
Money market activity
+1,125
1200
+1,125
LAF today
-90
1500
+1,125.
1600
+1,125
LAF rate 4.00% bid/6.00% offer TWI 124.4 +0.2* 25.11.96
Hong Kong Monetary Authority
EF bills
EF notes/MTRC notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
4.97
2 years
2811
5.72
100.16
5.71
1 month
4.93
3 years
3910
6.28
100.79
6.06
3 months
4.91
5 years
5109
7.32
103.33
6.60
6 months
4.98
7 years
7308
7.24
102.49
6.89
12 months
5.23
10 years
1610
7.37
102.40
7.15
5 years
M503
7.35
102.10
6.94
Total turnover of EF bills and notes - $8,401 million
Closed November 25, 1996
End