WEDNESDAY, DECEMBER 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 113.5 +0.0* 8.12.93
MILLION
4
+3,996
4,000
NIL
-20
3,980
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
2.73 PCT
14 MONTHS 2502
4.75
101.37
3.59
1 MONTH
2.97 PCT
17 MONTHS 2505
3.75
99.89
3.86
3 MONTHS
2.98 PCT
20 MONTHS
2508
4.625
101.01
4.04
6 MONTHS
3.16 PCT
23 MONTHS
2511
4.15
99.97
4.21
12 MONTHS 3.47 PCT
35 MONTHS
3610
4.20
98.94
4.65
TOTAL TURNOVER OF BILLS AND BONDS
10,808 MN
CLOSED 8 DECEMBER 1993