15
FRIDAY, FEBRUARY 5, 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
-65
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 115.30 *+0.2* 5.2.93
1,435
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.79 PCT
12 MONTHS
2402
5.50
101.66
3.87
1 MONTH
3.35 PCT
15 MONTHS
2405
5.50
101.67
4.18
3 MONTHS
3.18 PCT
18 MONTHS
2408
4.375
99.86
4.52
6 MONTHS 3.31 PCT
21 MONTHS
2411
4.625
99.85
4.77
12 MONTHS
3.89 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
20.142 MN
CLOSED 5 FEBRUARY 1993