24
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
FRIDAY, AUGUST 27, 1993
$ MILLION
2,380
-380
2,000
NIL
-180
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 112.2 -0.3* 27.8.93
1,820
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.79 PCT
1 MONTH
3 MONTHS
2.81 PCT
2.81 PCT
6 MONTHS 3.02 PCT
12 MONTHS 3.27 PCT
15 MONTHS 2411
18 MONTHS
4.625
101.44 3.43
2502
4.75
101.67
3.60
21 MONTHS 2505
4.75
99.86
3.87
24 MONTHS 2508
4.625
101.08
4.09
TOTAL TURNOVER OF BILLS AND BONDS
12,137 MN
CLOSED 27 AUGUST 1993
J
F
1