17
TUESDAY, DECEMBER 31, 1991
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
30.12.91
500
31.12.91
NEUTRAL
NEUTRAL
NEUTRAL
TRADE WEIGHTED INDEX 109.2 -0.2* 31.12.91
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
4.10 PCT
23 MONTHS 2311
6.25
102.00 5.18
3.80 PCT
3 MONTHS
3.80 PCT
6 MONTHS
3.95 PCT
12 MONTHS
4.30 PCT
—
TOTAL TURNOVER OF BILLS AND BONDS 3,203 MN
CLOSED 31 DECEMBER 1991