11
THURSDAY, NOVEMBER 18, 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
$ MILLION
2,185
+815
3,000
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAP RATE 2.00 BID/4.00 OFFER TWI 113.2 *-0.1* 18.11.93
-1,584
1,416
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.41 PCT
12 MONTHS 2411
4.625
101.20
3.42
1 MONTH
2.71 PCT
15 MONTHS
2502
4.75
101.45
3.58
3 MONTHS
6 MONTHS 3.04 PCT
2.89 PCT
18 MONTHS
2505
3.75
99.83 3.91
21 MONTHS
2508
4.625
100.96 4.09
12 MONTHS 3.40 PCT
35 MONTHS
3610
4.20
98.96
4.63
TOTAL TURNOVER OF BILLS AND BONDS
―
20,536 MN
CLOSED 18 NOVEMBER 1993