17
THURSDAY, JULY 2, 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 110.0 -0.1 2.7.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.24 PCT
17 MONTHS
231 I
6.25
102.65 4.29
1 MONTH
2.82 PCT
20 MONTHS
2402
5.50
101.34 4.68
3 MONTHS
2.82 PCT
23 MONTHS
2405
5.50
101.04
4.97
6 MONTHS
3.13 PCT
12 MONTHS
3.76 PCT
TOTAL TURNOVER OF BILLS AND BONDS - 7,573 MN
CLOSED 2 JULY 1992