THURSDAY, DECEMBER 3, 1992
14
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
*
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 113.60 +0.1* 3.12.1992
HONG KONG GOVERNMENT EXCHANGE FUND
$ MILLION
1,730
-230
1,500
NIL
+260
1,760
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
3.88 PCT
15 MONTHS 2402
5.50
100.02
5.55
4.32 PCT
18 MONTHS 2405
5.50
99.93
5.63
3 MONTHS
4.55 PCT
21 MONTHS 2408
4.375
97.97
5.71
6 MONTHS 4.73 PCT
12 MONTHS 5.41 PCT
24 MONTHS 2411
4.625
97.98
5.81
TOTAL TURNOVER OF BILLS AND BONDS 4,913 MN
CLOSED 3 DECEMBER 1992