24
FRIDAY, DECEMBER 17, 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
3,910
+90
4,000
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER TWI 113.8 -0.1* 17.12.93
-1,506
2,494
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE
COUPON
PRICE
YIELD
1 WEEK
3.09 PCT
14 MONTHS
2502
4.75
101.34
3.59
1 MONTH
3.11 PCT
17 MONTHS
2505
3.75
99.90
3.86
3 MONTHS
3.04 PCT
20 MONTHS
2508
4.625
100.96
4.06
6 MONTHS
3.19 PCT
23 MONTHS
2511
4.15
99.89
4.25
12 MONTHS 3.49 PCT
34 MONTHS 3610
4.20
98.76
4.72
TOTAL TURNOVER OF BILLS AND BONDS
CLOSED 17 DECEMBER 1993
2,289 MN
}
I