10

TUESDAY, MARCH 3, 1992

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

2.3.92

600

3.3.92

+79

-79

+250*

EFFECT OF OPERATIONS THIS AFTERNOON

* LATE O/N ASSISTANCE,

TO BE REVERSED ON 4.3.92

TRADE WEIGHTED INDEX 111.8 *+0.2* 3.3.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.16 PCT

21 MONTHS

2311

6.25

100.64

5.93

1 MONTH

3.96 PCT

24 MONTHS

2402

5.50

99.25

6.00

3 MONTHS

3.92 PCT

6 MONTHS

4.15 PCT

12 MONTHS 4.73 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 3 MARCH 1992

Ju

5,198 MN

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