t
7
WEDNESDAY, JULY 28, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
1,810
+190
2,000
NIL
-445
1,555
TWI 112.6 -0.1* 28.7.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE COUPON PRICE
YIELD
1 WEEK
2.40 PCT
13 MONTHS
2408
4.375 100.57
3.85
1 MONTH
2.68 PCT
16 MONTHS
2411
4.625
100.75
4.06
3 MONTHS
3.16 PCT
19 MONTHS
2502
4.75
100.74
4.30
6 MONTHS
3.48 PCT
22 MONTHS
2505
3.75
98.72
4.54
12 MONTHS
3.83 PCT
TOTAL TURNOVER OF BILLS AND BONDS
20,087 MN
CLOSED 28 JULY 1993