He said the government was pleased with the market response to its Exchange Fund Bills.

The government Exchange Fund launched a weekly 91-day bill in March 1990. It introduced a 182-day bill in October 1990, issued every other week, and a 364-day bill earlier this month, issued once a month.

SE

All issues have been oversubscribed, which financial industry sources said means investors regard the bills high-quality and a step toward developing a market for government issues in Hong Kong.

ars

Some 8.84 billion dollars (1.13 billion U.S.) worth of bills now outstanding, or still in the hands of investors, which

markets enthusiasts also regarded as encouraging.

capital

REUTER VEM LOD ABM

061313 GMT mar 91

AIGDEJA 11

33.16.

IUS OLV

FE TOAX

MY POLE boj FICUT LIAK

IGUU ATER CUIUL

eubeib ni

no mod v13

QU MUR Cat ni msno od bedoe

“aphoi

* #BIG

EU:

MAN ALS 3411

#1 SCRUGNISQÁSA ALAR"

A1

.

LIAD DE FUGIL Berry:EN QUEM. bbcoacy? 90g cloupnejja boss' pova

HOME AAL.

4

PGOL BAGL ALS9TAL

1

CUS GAATC/31 2vTq*

CU BADFERDAL DL. GoLope1..

•L POL-PAL!:>

tusan sevap sud o{Pr

CMO- de ruse. Na pouge bunnen:)

ni

mié

and no wielrel Masondes of (i{sunove hoe vatudom band Sposi od vlteubenp mis blow

.orld

ETRYUCT91 TUGNOFL) son.

vluow spend e₫3 dard bedon Sude Fettem I63 igen believebnebau a'yop kom-clad ind

prinehand to J99ło-able encolor sill woubong ad ebnod

5.

F

པད;

A wide c3

dspland ari n

}.

A

!

Share This Page