TUESDAY, OCTOBER 20, 1992
16
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* *
MILLION
OPENING BALANCE IN THE ACCOUNT
1,800
REVERSAL OF LAF
-300
BALANCE AFTER REVERSAL OF LAF
1,500
LAF RATE 2.00 BID/4.00 OFFER
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
TWI 111.1 *+0.3*
NIL
NIL
1,500
20.10.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE YIELD
1 WEEK
2.82 PCT
13 MONTHS
2311
6.25
102.48 3.91
1 MONTH
2.98 PCT
16 MONTHS
2402
5.50
101.78 4.14
3 MONTHS
3.13 PCT
19 MONTHS
2405
5.502
101.79 4.36
6 MONTHS
3.26 PCT
22 MONTHS
2408
4.375
99.84 4.
.51
12 MONTHS
3.75 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
5,246MN
CLOSED 20 OCTOBER
1992
H