MONDAY, JULY 13, 1992
17
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
*
$ MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
1,338
-350
988
NIL
+500
1.488
TWI 109.6 -0.2* 13.7.92
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE YIELD
1 WERK
1 MONTH
2.01 PCT
16 MONTHS
2311
6.25
102.81 4.12
2.11 PCT
19 MONTHS
2402
5.50
101.78 4.38
3 MONTHS
2.32 PCT
22 MONTHS
2405
5.50
101.69
4.58
6 MONTHS
2.82 PCT
12 MONTHS
3.61 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
6,579MN
CLOSED 13 JULY 1992