THURSDAY, JANUARY 28, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
*
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,500
REVERSAL OF LAF
NIL
BALANCE AFTER REVERSAL OF LAF
1,500
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
NIL
CLOSING BALANCE IN THE ACCOUNT
1,500
LAF RATE 2.00 BID/4.00 OFFER TWI 114.30 **0.0* 28.1.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
1 WEEK
2.57 PCT
13 MONTHS
2402
5.50
YIELD
101.69 3.88
1 MONTH
2.70 PCT
16 MONTHS
2405
5.50
101.67
4.21
3 MONTHS
2.86 PCT
19 MONTHS
2408
4.375
99.80
4.56
6 MONTHS 3.20 PCT
12 MONTHS
22 MONTHS
2411
4.625
99.78
4.81
3.85 PCT
TOTAL TURNOVER OF BILLS AND BONDS
22,341 MN
CLOSED 28 JANUARY 1993