14
MONDAY, SEPTEMBER 28, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
REVERASL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
* *
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 110.2 *-0.2* 28.9.92
HONG KONG GOVERNMENT EXCHANGE FUND
$ MILLION
1,740
-240
1,500
NIL
NIL
1,500
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
1 WEEK
YIELD
2.92 PCT
TERM
ISSUE
COUPON
PRICE
YIELD
14 MONTHS
2311
6.25
103.42 3.19
1 MONTH
2.77 PCT
3 MONTHS
2.56 PCT
20 MONTHS
17 MONTHS 2402
2405
5.50
102.96 3.32
5.50
102.99 3.63
6 MONTHS
2.68 PCT
23 MONTHS 2408
4.375
101.05 3.83
12 MONTHS
3.12 PCT
TOTAL TURNOVER OF BILLS AND BONDS
J
12,995 MN
CLOSED 28 SEPTEMBER 1992
I