11
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
WEDNESDAY, JULY 7, 1993
$ MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
2,800
NIL
2,800
NIL
-220
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
2,580
TWI 112.5
*-0.1* 7.7.93
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUR
COUPON PRICE YIELD
1 WEEK
2.55 PC'T
13 MONTHS
2408
4.375
100.50 3.95
1 MONTH
3.02 PCT
16 MONTHS
2411
4.625
100.78 4.07
3 MONTHS
3.27 PCT
19 MONTHS
2502
4.75
100.84
4.25
6 MONTHS 3.50 PCT
12 MONTHS
22 MONTHS
2505
3.75
98.87
4.44
3.87 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
32,434 MN
CLOSED JULY 7, 1993