TUESDAY, FEBRUARY 23, 1993
- 15
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* *
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,635
REVERSAL OF LAF
+515
BALANCE AFTER REVERSAL OF LAF
2,150
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
NIL
-145
2,005
LAF RATE 2.00 BID/4.00 OFFER TWI
113.7 *-0.3*
23.2.93
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE
YIELD
1 WEEK
2.54 PCT
15 MONTHS
2405
5.50
102.60
3.35
1 MONTH
2.71 POT
18 MONTHS
2408
5.50
101.38
3.44
3 MONTHS
2.85 PCT
21 MONTHS
2411
4.375
101.62
3.68
6 MONTHS 2.97 PCT
24 MONTHS
2502
4.625
101.62
3.93
12 MONTHS
3.39 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 23 FEBRUARY 1993
11,71 IMN