15
FRIDAY, AUGUST 21, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,500
REVERSAL OF LAF
NIL
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
NIL
CLOSING BALANCE IN THE ACCOUNT
1,500
LAF RATE 2.00 BID/4.00 OFFER TWI 109.6 *-0.0* 21.8.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
2.37 PCT
15 MONTHS 2311
6.25
103.57
3.42
2.43 PCT
18 MONTHS
2402
5.50
102.74 3.72
3 MONTHS
2.48 PCT
21 MONTHS
2405
5.50
102.75 3.97
6 MONTHS 2.66 PCT
12 MONTHS
24 MONTHS
2408
4.375
100.72
4.12
3.20 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 21 AUGUST 1992
I
-
3,864 MN