21

WEDNESDAY, JUNE 19, 1991

NEXT TENDER OF EXCHANGE FUND BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

TUESDAY 25 JUNE 1991

НКЕН

ISSUE NUMBER

Q126

ISSUE DATE

26 JUN 91

H167

26 JUN 91

MATURITY DATE

TENOR

AMOUNT ON OFFER

25 SEP 91

91 DAYS

27 DEC 91

184 DAYS*

HKD 400 + 80 MN

HKD 200 + 60 MN

*REPEAT 184 DAYS

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * * *

DATE

MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

14.6.91

430*

19.6.91

+339

-389

NEUTRAL

* LATE O/N ASSISTANCE OF 50 MN

PROVIDED ON 14.6. 91

TO BE REVERSED TODAY

TRADE WEIGHTED INDEX 115.0 *+0.2* 19.6.91

HONG KONG GOVERNMENT EXCHANGE FUND BILLS

CLOSING YIELDS OF EXCHANGE FUND BILLS

14.6.91

19.6.91

MATURING IN 1 WEEK

7.60 PCT

7.68 PCT

1 MONTH

7.54 PCT

7.62 PCT

3 MONTHS

7.52 PCT

7.61 PCT

6 MONTHS

7.51 PCT

7.59 PCT

12 MONTHS

7.48 PCT

7.60 PCT

TOTAL BILLS TRANSFERRED

1,510 MN

2,083 MN

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