18
HIGHEST YIELD ACCEPTED
3.90 PCT
PRO RATA RATIO
ABOUT 73 PCT
AVERAGE TENDER YIELD
3.95 PCT
TUESDAY, NOVEMBER 19, 1991
HONG KONG GOVERNMENT EXCHANGE FUND
TENDER TO BE HELD IN THE WEEK BEGINNING
25 NOVEMBER 1991
TENDER DATE
26 NOV 91
26 NOV 91
PAPER ON OFFER
EF BILLS
ISSUE NUMBER
Q148
ISSUE DATE
27 NOV 91
EF BILLS
H178
27 NOV 91
MATURITY DATE
26 FRB 92
27 MAY 92
TENOR
91 DAYS
182 DAYS
AMOUNT ON OFFER
COUPON
500 + 100 MN
N.A.
200 + 60 MN
N.A.
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* * *
DATE
MILLION
CLOSING BALANCE IN THE ACCOUNT ON
18.11.91
500
EFFECT OF FORWARDS TO BE SETTLED ON
EFFECT OF OPERATIONS THIS MORNING
19.11.91
-506
+506
EFFECT OF OPERATIONS THIS AFTERNOON
NEUTRAL
TRADE WEIGHTED INDEX 110.9 +0.1* 19.11.91
HONG KONG