WEDNESDAY, FEBRUARY 24, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.62 PCT

15 MONTHS 2405

5.50

102.63 3.32

1 MONTH

2.70 PCT

18 MONTHS

2408

5.50

101.40 3.43

3 MONTHS

2.82 PCT

21 MONTHS

2411

4.375

6 MONTHS

2.95 PCT

24 MONTHS

2502

4.625

101.75

101.74 3.60

3.86

12 MONTHS

3.25 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

20,599 MN

CLOSED 24 FEBRUARY 1993

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