16
TUESDAY, JUNE 23, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
*
$ MILLION
OPENING BALANCE IN THE ACCOUNT
988
REVERSAL OF LAF
NIL
BALANCE AFTER REVERSAL OF LAF
988
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
NIL
CLOSING BALANCE IN THE ACCOUNT
988
LAF RATE 2.50 BID/4.50 OFFER TWI 110.7 -0.3* 23.6.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.91 PCT
17 MONTHS 2311
6.25
102.44 4.48
1 MONTH
2.83 PCT
20 MONTHS
2402
5.50
101.09 4.86
3 MONTHS
2.87 PCT
23 MONTHS
2405
5.50
100.78
5.13
6 MONTHS
3.24 PCT
12 MONTHS
3.97 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 23 JUNE 1992
-
5,512 MN