THURSDAY, MAY 20, 1993
25
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
* * *
MILLION
OPENING BALANCE IN THE ACCOUNT
1,605
REVERSAL OF LAF
+545
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 112.3 *-0.2*
NIL
-730
1,420
20.5.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE
1 WEEK
2.51 PCT
15 MONTHS
2408
4.375
COUPON PRICE
101.01 3.56
YIELD
1 MONTH
2.84 PCT
18 MONTHS
2411
4.625
101.34
3.73
3 MONTHS
2.95 PCT
21 MONTHS
2502
4.75
101.46
3.91
6 MONTHS
3.11 PCT
24 MONTHS
2505
3.75
99.47 4.07
12 MONTHS
3.41 PCT
TOTAL TURNOVER OF BILLS AND BONDS
-
17,057MN
CLOSED 20 MAY 1993
I