21
FRIDAY, APRIL 23, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
2,450
REVERSAL OF LAF
-300
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 111.9 +0.0* 23.4.93
NIL
-90
2,060
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
2.76 PCT
13 MONTHS
2405
5.50
102.47 3.14
1 MONTH
2.79 PCT
16 MONTHS
2408
4.375
101.38 3.32
3 MONTHS
2.83 PCT
19 MONTHS
2411
4.625
101.77 3.48
6 MONTHS 2.98 PCT
22 MONTHS
2502
4.75
101.88 3.70
12 MONTHS
3.17 PCT
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 23 APRIL 1993
0
J
14,405 MN