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Hong Kong Monetary Authority Money Market Operations
Cumulative
Time
change
$ million (hours)
($million)
Opening balance in the account
3,756
0930
-256
Closing balance in the account
5,720
1000
-256
Change attributable to:
1100
+744
Money market activity
+2,293
1200
+2171
LAF today
-329
1500
+2171
1600
+2293
LAF rate 4.00% bid/6.00% offer TWI 124.8 *+0.1* 29.11.96
Hong Kong Monetary Authority
EF Bills
EF Notes/MTRC Notes
Terms
Yield
Term
Issue
Coupon
Price
Yield
1 week
5.13
2 years
2811
5.72
100.35
5.60
1 month
4.69
3 years
3910
6.28
101.00
5.98
3 months
4.63
5 years
5109
7.32
103.60
6.53
6 months
4.73
7 years
7311
6.80
100.32
6.86
12 months
5.08
10 years 1610
7.37
102.76
7.10
5 years
M503
7.35
102.34
6.87
Total turnover of EF Bills and Notes - $18,609 million
Closed November 29, 1996
End