11
WEDNESDAY, SEPTEMBER 1. 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS * * * * *
OPENING BALANCE IN THE ACCOUNT
$ MILLION
2,200
-200
2,000
NIL
+180
2,180
1.9.93
REVERSAL OF LAP
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 112.5 *+0.2*
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
2.75 PCT
14 MONTHS
2411
4.625
101.45 3.41
1 MONTH
2.78 PCT
17 MONTHS
2502
4.75
101.67
3.59
3 MONTHS
2.82 PCT
20 MONTHS
2505
4.75
99.87 3.86
6 MONTHS
3.03 PCT
23 MONTHS
2508
4.625
101.16
4.04
12 MONTHS
3.27 PCT
TOTAL TURNOVER OF BILLS AND BONDS
12,468 MN
CLOSED SEPTEMBER 1, 1993
0