THURSDAY, NOVEMBER 26, 1992
22
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
**
MILLION
OPENING BALANCE IN THE ACCOUNT
1,500
REVERSAL OF LAF
NIL
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
NIL
1,500
LAF RATE 2.00 BID/4.00 OFFER TWI 113.4 *+0.0* 26.11.92
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
2.90 PCT
15 MONTHS
2402
5.50
101.25
4.48
3.68 PCT
18 MONTHS
2405
5.50
101.22
4.69
3 MONTHS
3.78 PCT
21 MONTHS
2408
4.375
99.24 4.89
6 MONTHS
3.85 PCT
24 MONTHS
2411
4.625
99.24
5.10
12 MONTHS
4.35 PCT
TOTAL TURNOVER OF BILLS AND BONDS
-
9,669 MN
CLOSED 26 NOVEMBER 1992