11
TUESDAY, NOVEMBER 10, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
3,300
- 1,800
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
1,500
NIL
+990
2,490
LAF RATE 2.00 BID/4.00 OFFER TWI 113.0 *+0.2* 10.11.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.10 PCT
12 MONTHS 2313
6.25
102.25
4.02
1 MONTH
3.18 PCT
15 MONTHS
2402
5.50
101.32
4.
46
3 MONTHS
3.48 PCT
18 MONTHS
2405
5.502
101.35
4.62
6 MONTHS 3.60 PCT
21 MONTHS
2408
4.375
99.
33
4.83
12 MONTHS
4.08 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 10 NOVEMBER, 1992
9,570 MN