17
THURSDAY, JUNE 25, 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
+600
CLOSING BALANCE IN THE ACCOUNT
1,588
LAF RATE 2.50 BID/4.50 OFFER TWI 110.6 -0.2* 25.6.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
1 WEEK
1 MONTH
3 MONTHS
2.80 PCT
17 MONTHS 2311
6.25
YIELD
102.53 4.41
2.79 PCT
20 MONTHS
2402
5.50
101.17
4.80
2.84 PCT
23 MONTHS
2405
5.50
100.89
5.06
6 MONTHS
3.20 PCT
12 MONTHS
3.90 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 25 JUNE 1992
—
3,773 MN
0