14

FRIDAY, DECEMBER 31, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/ HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON

PRICE

YIELD

1 WEEK

3.76 PCT

14 MONTHS

2502

4.75

101.20 3.68

1 MONTH

3.20 PCT

17 MONTHS

2505

3.75

99.87 3.89

3 MONTHS

3.17 PCT

20 MONTHS

2508

4.625

100.92 4.07

6 MONTHS

3.24 PCT

23 MONTHS

2511

4.15

99.88 4.26

12 MONTHS

3.56 PCT

34 MONTHS

3610

4.20

98.83 4.70

TOTAL TURNOVER OF BILLS AND BONDS

5,055MN

CLOSED 31 DECEMBER 1993

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