15
TUESDAY, SEPTEMBER 15,
1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
$ MILLION
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 110.0 -0.2* 15.9.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
3.14 PCT
14 MONTHS
2311
6.25
103.50 3.21
2.95 PCT
17 MONTHS
2402
5.50
102.93 3.40
3 MONTHS
2.60 PCT
20 MONTHS
2405
5.50
102.96
3.69
6 MONTHS 2.72 PCT
12 MONTHS
23 MONTHS
2408
4.375
100.99
3.87
3.15 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 15 SEPTEMBER 1992
0
++
7,718 MN