TUESDAY, AUGUST 31, 1993
12
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 112.3 +0.1* 31.8.93
$ MILLION
1,820
+180
2,000
NIL
+200
2,200
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.85 PCT
15 MONTHS 2411
4.625
101.48
3.39
2.83 PCT
1 MONTH
3 MONTHS 2.83 PCT
6 MONTHS 3.03 PCT 24 MONTHS 2508
12 MONTHS 3.26 PCT
21 MONTHS
18 MONTHS 2502
2505
4.75
101.70
3.57
4.75
99.88
3.86
4.625
101.15
4.05
TOTAL TURNOVER OF BILLS AND BONDS
+
10,676 MN
CLOSED 31 AUGUST 1993
+
t