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Hong Kong Monetary Authority money market operations

Cumulative

Time

change

$ million (hours)

($million)

Opening balance in the account

1,813

0930

+1181

Closing balance in the account

2,396

1000

+1181

Change attributable to:

1100

+1131

Money market activity

+1,138

1200

+1138

LAF today

-555

1500

+1138

1600

+1138

LAF rate 4.25% bid/6.25% offer TWI 120.4 *+0.0* 23.2.95

EF bills

Hong Kong Monetary Authority

EF notes/Hong Kong Government bonds

Terms

Yield

Term

Issue

Coupon Price

Yield

1 week

5.11

15 months

2605

6.35

99.40

6.97

1 month

5.40

24 months

2702

7.50

100.52

7.35

3 months

5.96

29 months

3707

6.95

99.21

7.44

6 months

6.19

35 months

3801

8.00

101.33

7.62

12 months 6.83

58 months

5912

8.15

100.72

8.12

Total turnover of bills and bonds - $32,414 MN

Closed February 23, 1995

End/Thursday, February 23, 1995