23
TUESDAY, DECEMBER 14, 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
5,480
-1,480
4,000
NIL
+880
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 113.7 +0.1* 14.12.93
4,880
FF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
1 MONTH
3 MONTHS
2.85 PCT
14 MONTHS 2502
4.75
101.30 3.64
2.97 PCT
17 MONTHS
2505
3.75
99.85
3.90
2.99 PCT
20 MONTHS
2508
4.625
100.89
4.11
6 MONTHS 3.18 PCT
23 MONTHS
2511
4.15
99.77
4.32
12 MONTHS 3.49 PCT 35 MONTHS
TOTAL TURNOVER OF BILLS AND BONDS
3610
4.20
98.61
4.78
—
14,203 MN
CLOSED 14 DECEMBER 1993