7
MONDAY, MAY 25, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
**
DATE
MILLION
CLOSING BALANCE IN THE ACCOUNT ON
23.5.92
988
EFFECT OF FORWARDS TO BE SETTLED ON
EFFECT OF OPERATIONS THIS MORNING
EFFECT OF OPERATIONS THIS AFTERNOON
25.5.92
+72
-72
+400 *
* O/N ASSISTANCE TO BE REVERSED ON 26.5.92
TRADE WEIGHTED INDEX 111.6 *+0.0* 25.5.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
1.81 PCT
18 MONTHS
2311
6.25
102.50
2.06 PCT
21 MONTHS
2402
5.50
101.10
4.54
4.88
3 MONTHS
2.59 PCT
24 MONTHS
2405
5.50
100.76 5.16
6 MONTHS
3.14 PCT
12 MONTHS
3.83 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 25 MAY 1992
18,213 MN (RECORD HIGH)