20
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
FRIDAY, OCTOBER 2, 1992
$ MILLION
1,500
REVERSAL OF LAF
NIL
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
+980
CLOSING BALANCE IN THE ACCOUNT
2,480
LAF RATE 2.00 BID/4.00 OFFER TWI 109.7 -0.2* 2.10.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
2.22 PCT
14 MONTHS 2311
6.25
103.40 3.16
2.28 PCT
17 MONTHS
2402
5.50
102.93 3.31
3 MONTHS
2.38 PCT
20 MONTHS
2405
5.502
102.98 3.62
6 MONTHS
2.50 PCT
23 MONTHS
2408
4.375
101.07
3.81
12 MONTHS
2.97 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 2 OCTOBER 1992
0
-
9,090 MN