21
THURSDAY, MARCH 11, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
$ MILLION
2,150
NIL
2,150
NIL
-560
1,590
11.3.93
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
TWI 114.2 *+0.1*
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE
YIELD
1 WEEK
2.10 PCT
14 MONTHS
2405
5.50
102.44 3.41
1 MONTH
2.53 PCT
17 MONTHS
2408
5.50
101.30 3.47
3 MONTHS
2.84 PCT
20 MONTHS
2411
4.375
101.67 3.62
6 MONTHS
3.03 PCT
23 MONTHS
2502
4.625
101.76 3.83
12 MONTHS
3.31 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
15,746MN
CLOSED 11 MARCH 1993