14
TUESDAY, NOVEMBER 23, 1993
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
$ MILLION
1,585
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 113.7 *-0.1#
+1,415
3,000
NIL
-1,070
1,930
23.11.93
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE COUPON PRICE
YIELD
1 WEEK
2.99 PCT
15 MONTHS
2502
4.75
101.22
3.76
1 MONTH
2.98 PCT
18 MONTHS
2505
3.75
99.58
4.09
3 MONTHS
3.08 PCT
21 MONTHS
2508
4.625
100.64
4.28
6 MONTHS
3.23 PCT
24 MONTHS
2511
4.15
99.54
4.44
12 MONTHS
3.56 PCT
35 MONTHS
3610
4.20
98.28
4.89
TOTAL TURNOVER OF BILLS AND BONDS
19,524 MN
CLOSED 23 NOVEMBER 1993