15
MONDAY, JANUARY 18, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
$ MILLION
1,150
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
+350
1,500
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
NIL
1,500
LAF RATE 2.00 BID/4.00 OFFER TWT 114.7
*+0.0* 18.1.1993
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.09 PUT
13 MONTHS 2102
5.50
101.13
1.46
1 MONTH
3 MONTHS
6 MONTHS 3.76 PCT
12 MONTHS 4.35 PCT
3.19 PCT
3.46 POT
16 MONTHS
2405
5.50
101.08
4.70
19 MONTHS 2408
1.375
99.18 4.98
22 MONTHS 2411
4.625
99.12
5.20
TOTAL TURNOVER OF BILLS AND BONDS 11.399 MN
CLOSED 18 JANUARY 1993