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MONDAY, JUNE 1, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.88 PCT

18 MONTHS

2311

6.25

102.42

4.57

1 MONTH

2.74 PCT

21 MONTHS

2402

5.50

101.15 4.84

3 MONTHS

2.76 PCT

24 MONTHS 2405

5.50

100.85

5.10

6 MONTHS

3.26 PCT

12 MONTHS 3.93 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 1 JUNE 1992

!

I

I

-

5,629 MN

O

I

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