WEDNESDAY, JANUARY 6, 1993
11
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* *
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,170
REVERSAL OF LAF
+330
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
TWI 114.3 -0.3* 6.1.93
HONG KONG GOVERNMENT EXCHANGE FUND
NIL
-400
1,100
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE
YIELD
1 WEEK
1 MONTH
2.97 PCT
13 MONTHS
2402
5.50
101.03 4.59
3.42 PCT
16 MONTHS
2405
5.50
100.88 4.88
3 MONTHS
3.66 PCT
19 MONTHS
2408
4.375
98.87
5.18
6 MONTHS
3.89 PCT
22 MONTHS
2411
4.625
98.83 5.36
12 MONTHS 4.55 PCT
TOTAL TURNOVER OF BILLS AND BONDS
14,232MN
CLOSED 6 JANUARY 1993