1
21
THURSDAY, SEPTEMBER 24, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,400
REVERSAL OF LAF
+100
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 TW] 110.6 -0.2 24.9.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
3.45 PCT
14 MONTHS
2311
6.25
103.25
3.36
3.13 PCT
17 MONTHS
2402
5.50
102.69
3.54
3 MONTHS
2.69 PCT
20 MONTHS
2405
5.50
102.72
3.81
6 MONTHS 2.76 PCT
12 MONTHS
23 MONTHS
2408
4.375
100.80
3.97
3.25 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 24 SEPTEMBER 1992
-
6,771 MN
0