MONDAY, OCTOBER 19, 1992
- 13
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
$ MILLION
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 110.8 +0.1* 19.10.92
HONG KONG GOVERNMENT EXCHANGE FUND
1,395
+105
1,500
NIL
+300
1,800
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE
YIELD
1 WEEK
2.78 PCT
13 MONTHS
2311
6.25
102.87
3.55
1 MONTH
2.82 PCT
16 MONTHS
2402
5.50
102.35 3.70
3 MONTHS
2.85 PCT
19 MONTHS
2405
5.502
102.39 3.96
6 MONTHS
2.95 PCT
22 MONTHS
2408
4.375
100.45 4.16
12 MONTHS
3.46 PCT
-
TOTAL TURNOVER OF BILLS AND BONDS 8,018 MN
CLOSED 19 OCTOBER 1992
1