9
Hong Kong Monetary Authority money market operations
Cumulative
Time
change
$million
(hours)
($million)
Opening balance in the account
3,392
0930
+107
Closing balance in the account
3,459
1000
+107
Change attributable to:
1100
+107
Money market activity
+107
1200
+107
LAF today
- 40
1500
+107
1600
+107
LAF rate 4.00% bid/6.00% offer TWI 124.6 *+0.0* 27.11.96
Hong Kong Monetary Authority
EF Bills
EF Notes/MTRC Notes
Terms
Yield
Term
Issue Coupon Price
Yield
1 week
4.65
2 years
2811
5.72
100.28
5.64
1 month
4.65
3 years
3910
6,28
100.92
6.01
3 months
4.69
5 years
5109
7.32
103.48
6.56
6 months
4.76
7 years
7311
6.80
100.15
6.89
12 months 5.10
5
10 years years
1610 7.37
102.56
7.13
M503
7.35
102.12
6.93
Total turnover of EF Bills and Notes - $27,053 million
Closed November 27, 1996
End
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