TUESDAY, MARCH 23, 1993
11
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,650
REVERSAL OF LAF
+500
BALANCE AFTER REVERSAL OF LAF
2,150
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
TWI 113.5 *-0.1*
NIL
-295
1,855
23.3.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
2.67 PCT
14 MONTHS
2405
5.50
102.27 3.50
1 MONTH
3 MONTHS
2.84 PCT
17 MONTHS
2408
5.50
101.14 3.57
2.93 PCT
20 MONTHS
2411
4.375
101.44 3.75
6 MONTHS 3.14 PCT
12 MONTHS 3.46 PCT
23 MONTHS
2502
4.625
101.47 3.98
TOTAL TURNOVER OF BILLS AND BONDS 5,179MN
CLOSED 23 MARCH 1993
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