24
FRIDAY, DECEMBER 11, 1992
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* * * +
$ MILLION
OPENING BALANCE IN THE ACCOUNT
2,000
REVERSAL OF LAF
-500
BALANCE AFTER REVERSAL OF LAP
1,500
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
NIL
NIL
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
1,500
TWI 14.1 *+0.1*
11.12.92
HONG KONG GOVERNMENT EXCHANGE FUND
HONG KONG GOVERNMENT BONDS
EF BILLS
TERNS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
3.08 POT
15 MONTHS
2402
5.50
100.43 5.18
1 MONTII
3.58 POT
18 MONTHS
2405
5.50
100.35 5.31
3 MONTHS
3.97 PCT
21 MONTHS
2108
4.375
98.42 5.44
6 MONTIIS 4.07 POT
12 MONTHS
24 MONTHS
2111
1.625
98. 46
5.55
4.75 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
2,760MN
CLOSED 11 DECEMBER 1992