TUESDAY, DECEMBER 15, 1992
24
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 114.30 *+0.3* 15.12.1992
HONG KONG GOVERNMENT EXCHANGE FUND
$ MILLION
1,430
+70
1,500
NIL
NIL
1,500
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.06 PCT
15 MONTHS 2402
5.50
100.38
5.22
1 MONTH
3.64 POT 18 MONTHS 2405
5.50
100.31
5.34
3 MONTHS
4.04 PCT
21 MONTHS 2408
4.375
98.36 5.48
6 MONTHS 4.12 PCT 24 MONTHS 2411
4.625
98.39
5.59
12 MONTHS 4.80 PCT
TOTAL TURNOVER OF BILLS AND BONDS 2,000 MN
CLOSED 15 DECEMBER 1992