17
FRIDAY, NOVEMBER 20, 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 LAP TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 113.2 +0.4* 20.11.92
1,500
NIL
1,500
NIL
+200
1,700
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.14 PCT
15 MONTHS
2402
6.25
101.22 4.52
1 MONTH
3.28 PCT
18 MONTHS
2405
5.50
101.20 4.71
3 MONTHS
3.60 PCT
21 MONTHS 2408
4.375
99.25 4.88
6 MONTHS
3.80 PCT
24 MONTHS 2411
4.625
99.33
5.05
12 MONTHS
4.30 PCT
TOTAL TURNOVER OF BILLS AND BONDS 5,498MN
CLOSED 20 NOVEMBER 1992