223
MONDAY, MAY 31, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
2,020
REVERSAL OF LAF
+130
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
+650
-875
1,925
TWI 111.7
*+0.1*
31.5.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE YIELD
1 WEEK
2.97 PCT
15 MONTHS
2408
4.375
100.77 3.75
1 MONTH
3 MONTHS
3.01 PCT
18 MONTHS
2411
4.625
101.06 3.91
3.15 PCT
21 MONTHS
2502
4.75
101.14
4.09
6 MONTHS 3.34 PCT
12 MONTHS 3.63 PCT
24 MONTHS
2505
3.75
99.14
4.25
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 31 MAY 1993
I
I
O
22,039 MN
1
1
1