16
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
MONDAY, AUGUST 23, 1993
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 112.2 +0.0* 23.8.93
$ MILLION
1,560
+440
2,000
NIL
-145
1,855
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
VIELD
1 WEEK
1 MONTH
3 MONTHS
6 MONTHS 3.06 PCT
12 MONTHS 3.33 PCT
2.78 PCT
15 MONTHS 2411
4.625
101.32
3.55
2.80 PCT
2.82 PCT
18 MONTHS
2502
4.75
101.51
3.72
21 MONTHS 2505
4.75
99.57
4.05
24 MONTHS 2508
4.625
100.82
4.23
TOTAL TURNOVER OF BILLS AND BONDS 12,315 MN
CLOSED 23 AUGUST 1993