19
TUESDAY, JULY 21, 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
CLOSING BALANCE IN THE ACCOUNT
+700
1,688
LAF RATE 2.00 BID/4.00 OFFER
TWI 109.6 *+0.2* 21.7.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.17 PCT
16 MONTHS
2311
6.25
103.41
3.62
1 MONTH
2.11 PCT
19 MONTHS
2402
5.50
102.36
3.97
3 MONTHS
2.24 PCT
22 MONTHS
2405
5.50
102.38
4.17
6 MONTHS
2.
.52 PCT
12 MONTHS
3.21 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 21 JULY 1992
―
11,276 MN