7'1
20
FRIDAY, OCTOBER 30, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
$ MILLION
1,480
+20
1,500
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
+1.174
LAF RATE 2.00 BID/4.00 OFFER TWI 112.0 *+0.0* 30.10.92
2,674
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
3.45 PCT
13 MONTHS
2311
6.25
102.52 3.80
1 MONTH
3.25 PCT
16 MONTHS
2402
5.50
101.70 4.17
3 MONTHS
3.21 PCT
19 MONTHS
2405
5.502
101.70 4.40
6 MONTHS
3.32 PCT
22 MONTHS
2408
4.375
99.75 4.57
12 MONTHS
3.76 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 30 OCTOBER 1992
J
15,890 MN