18
TUESDAY, MAY 18, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 112.5 *+0.3* 18.5.1993
HONG KONG GOVERNMENT EXCHANGE FUND
$ MILLION
2,070
+80
2,150
NIL
-520
1,630
EF BILLS
HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.18 PCT 15 MONTHS 2408
4.375
101.12
3.48
1 MONTH
3 MONTHS
3.10 PCT
18 MONTHS
2411
4.625
101.48
3.63
3.00 PCT
21 MONTHS
2502
4.75
101.55 3.85
6 MONTHS 3.10 PCT
12 MONTHS 3.33 POT
24 MONTHS 2505
3.75
99.56
4.02
TOTAL TURNOVER OF BILLS AND RONDS
T
15,703 MN
CLOSED 19 MAY 1993
I
1
F