12
TUESDAY, SEPTEMBER 7, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
*
* *
OPENING BALANCE IN THE ACCOUNT
$ MILLION
2,000
NIL
2,000
NIL
+200
2,200
7.9.93
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 112.0 *+0.0*
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE YIELD
1 WEEK
3.01 PCT
14 MONTHS
2411
4.625
101.47 3.38
1 MONTH
2.90 PCT
17 MONTHS
2502
4.75
101.68 3.57
3 MONTHS
2.87 PCT
20 MONTHS
2505
4.75
98.98 3.80
6 MONTIIS
3.00 PCT
23 MONTHS
2508
4.625
101.40
3.91
12 MONTHS
3.26 PCT
TOTAL TURNOVER OF BILLS AND BONDS
—
14,157 MN
CLOSED SEPTEMBER 7, 1993