13
TUESDAY, NOVEMBER 17, 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 113.1 *+0.4* 17.11.92
HONG KONG GOVERNMENT EXCHANGE FUND
1,500
NIL
1,500
NIL
NIL
1,500
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE
YIELD
1 WEEK
3.09 PCT
15 MONTHS
2402
6.25
101.33 4.44
1 MONTH
3.23 PCT
18 MONTHS
2405
5,50
101.33 4.63
3 MONTHS
3.62 PCT
21 MONTHS
2408
4.375
99.36 4.81
6 MONTHS
3.71 PCT
24 MONTHS
2411
4.625
99.44 4.98
12 MONTHS
4.04 PCT
TOTAL TURNOVER OF BILLS AND BONDS - 14,687MN
CLOSED 17 NOVEMBER 1992