10
MONDAY, NOVEMBER 8, 1993
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 113.2 -0.1* 8.11.1993
$ MILLION
1,930
+1,070
3,000
NIL
NIL
3,000
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.90 PCT
12 MONTHS 2411
4.625
101.30 3.35
1 MONTH
2.89 PCT
15 MONTHS
2502
4.75
101.51
3.55
3 MONTHS
2.89 PCT
18 MONTHS
2505
3.75
99.90
3.85
6 MONTHS 3.00 PCT
21 MONTHS
2508
4.625
101.07
4.03
12 MONTHS 3.34 PCT 36 MONTHS
3610
4.20
99.19
4.54
TOTAL TURNOVER OF BILLS AND BONDS
T
19,978 MN
CLOSED 8 NOVEMBER 1993