FRIDAY, AUGUST 20, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
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 TWI 112.4 *+0.1* 20.8.93
$ MILLION
1,155
+845
2,000
NIL
- 120
1,880
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
2.61 PCT
15 MONTHS 2411
4.625
101.40
3.48
2.66 PCT
18 MONTHS
2502
4.75
101.58
3.68
3 MONTHS
2.74 PCT
21 MONTHS
2505
4.75
99.66
3.99
6 MONTHS 3.00 PCT
12 MONTHS 3.26 PCT
24 MONTHS 2508
4.625
100.91
4.19
TOTAL TURNOVER OF BILLS AND BONDS
J
30,714 MN
CLOSED 20 AUGUST 1993