TUESDAY, JULY 9, 1991
HONG KONG GOVERNMENT EXCHANGE FUND
EXCHANGE UND BILLS TENDER RESULTS
ISSUE NUMIER
TUESDAY 9 JULY 1991
Q128
H168
HKD 1,215 MN
HKD 698 MN
AMOUNT APPLIED
AMOUNT ALLOTTED
AVERAGE ACCEPTED YIELD
HKD 400 MN
6.45 PCT
HIGHEST ACCEPTED YIELD
6.48 PCT
PRO RATA RATIO
ABOUT 81 PCT
HONG KONG GOVERNMENT EXCHANGE FUND
HK 200 MN
6.44 PCT
6.48 Pct
100 POT
NEXT TENder of EXCHANGE FUND BILLS
TUESDAY 16 JULY 1991
ISSUE NUMBER
Q129
Y192
ISSUE DATE
17 JULY 91
17 JULY 91
MATURITY DATE
TENOR
AMOUNT ON OFFER
17 OCT 91
90 DAYS*
HKD 400 + 80 MN
15 JULY 92
364 DAYS
HKD 200 + 60 MN
* REPEAT 92 DAYS
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
DATE
!$ MILLION
CLOSING BALANCE IN THE ACCOUNT ON
8.7.91
480
EFFECT OF FORWARDS TO BE SETTLED ON
9.7.91
+85
EFFECT OF OPERATIONS THIS MORNING
-85
EFFECT OF OPERATIONS THIS AFTERNOON
TRADE WEIGHTED INDEX 114.2 **0.0* 9.7.91
NEUTRAL
HONG KONG