12
THURSDAY, JANUARY 7, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
1,100
+400
1,500
NIL
NIL
1.500
TWI 114.5 *+0.2* 7.1.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE YIELD
1 WEEK
3.03 PCT
13 MONTHS
2402
5.50
100.91 4.70
1 MONTH
3.43 PCT
16 MONTHS
2405
5.50
100.76 4.97
3 MONTHS
3.75 PCT
19 MONTHS
2408
4.375
98.75 5.26
6 MONTHS 3.99 PCT
22 MONTHS
2411
4.625
98.74 5.41
12 MONTHS
4.66 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 7 JANUARY 1993
-
10.
422MN