10
TUESDAY, SEPTEMBER 22, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,370
REVERSAL OF LAF
+130
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
TWI 110.7 -0.1* 22.9.92
NIL
NIL
1,500
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE YIELD
1 WEEK
1 MONTH
3.20 PCT
14 MONTHS
2311
6.25
103.34 3.29
2.86 PCT
17 MONTHS
2402
5.50
102.79 3.47
3 MONTHS
2.59 PCT
20 MONTHS
2405
5.50
102.82 3.76
6 MONTHS
2.70 PCT
23 MONTHS
2408
4.375
100.92 3.91
12 MONTHS
3.13 PCT
TOTAL TURNOVER OF BILLS AND BONDS
-
4,440MN
CLOSED 22 SEPTEMBER 1992