14
WEDNESDAY, JULY 29, 1992
+
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
1,688
-700
BALANCE AFTER REVERSAL OF LAF
988
NET INJECTION/WITHDRAWAL TODAY
NIL
1
EFFECT OF LAF TODAY
NIL
CLOSING BALANCE IN THE ACCOUNT
988
LAF RATE 2.00 BID/4.00 OFFER TWI 109.8 +0.0* 29.7.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.78 PCT
16 MONTHS 2311
6.25
103.46 3.54
1 MONTH
2.58 PCT
19 MONTHS
2402
5.50
102.45 3.89
3 MONTHS
2.44 PCT
22 MONTHS
2405
5.50
102.45
4. 11
6 MONTHS
2.67 PCT
12 MONTHS
3.29 PCT
-
TOTAL TURNOVER OF BILLS AND BONDS 9,004 MN
CLOSED 29 JULY 1992