37

Hong Kong Monetary Authority Interbank Liquidity

Aggregate

Balance Of Settlement

Time

Accounts

Opening aggregate balance

467 mn

0930 hr

8,287 mn

Closing aggregate balance

1,168 mn

1000 hr

9,977 mn

Change attributable to :

1100 hr

20,767 mn

money market activity

+7.281 mn

1200 hr

30,461 mn

LAF reversal

+6,568 mn

1500 hr

35,811 mn

LAF today

-13,148 mn

1600 hr

35,659 mn

LAF rate 4.00% bid/6.00% offer TWI 126.6 *+0.0* 24.1.97

Hong Kong Monetary Authority

EF notes/MTRC notes

EF bills

Terms

Yield

Terms

Issue

Coupon

Price

Yield

1 week

4.35

2 years

2811

5.72

100.25

5.64

1 month

4.31

3 years

3001

6.17

100.31

6.15

3 months

4.48

5

years

5112

6.57

100.33

6.59

6 months

4.66

7 years

7311

6.80

100.66

6.79

12 months

5.04

10 years

1610

7.37

103.55

6.98

5 years M503

7.35

102.31

6.87

Total turnover of EF bills and notes - $32,884 mn

Closed January 24, 1997

End

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