22
223
TUESDAY, OCTOBER 12, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$ MILLION
OPENING BALANCE IN THE ACCOUNT
1,260
REVERSAL OF LAF
+740
BALANCE AFTER REVERSAL OF LAF
2,000
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
NIL
+435
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
2,435
TWI 112.2
*+0.0*
12.10.93
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON PRICE YIELD
1 WEEK
2.44 PCT
13 MONTHS
2411
4.625
101.58 3.17
1 MONTH
2.52 PCT
16 MONTHS
2502
4.75
101.86 3.35
3 MONTHS
2.66 PCT
19 MONTHS
2505
3.75
100.26
6 MONTHS
2.81 PCT
22 MONTHS
2508
4.625
101.66
3.61
3.72
12 MONTHS
3.10 PCT
TOTAL TURNOVER OF BILLS AND BONDS
8,597 MN
CLOSED OCTOBER 12, 1993