25
THURSDAY, NOVEMBER 12, 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
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 112.8 +0.0* 12.11.92
HONG KONG GOVERNMENT EXCHANGE FUND
1,350
-150
1,500
NIL
NIL
1,500
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.80 PCT
12 MONTHS
2311
6.25
102.40 3.86
1 MONTH
3.06 PCT
15 MONTHS
2402
5.50
101.60
4.22
3 MONTHS
3.39 PCT
18 MONTHS
2405
5.50
101.60 4.45
6 MONTHS
3.50 PCT
21 MONTHS
2408
1.375
99.61
4.70
12 MONTHS
3.96 PCT
TOTAL TURNOVER OF BILLS AND BONDS
-
9.175 MN
CLOSED 12 NOVEMBER 1992