TUESDAY, JANUARY 11, 1994
21
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
OPENING BALANCE IN THE ACCOUNT
$ MILLION
2,215
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
+1,785
4,000
NIL
-1,934
2,066
TWI 127.5 *+0.1* 11.1.94
EF BILLS
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE
YIELD
1 WEEK
1 MONTH
3.11 PCT
14 MONTHS
2602
4.75
101.31
3.55
3.00 PCT
17 MONTHS
2505
3.75
100.03
3.76
3 MONTHS
3.03 PCT
20 MONTHS
2508
4.625
101.14
3.92
6 MONTHS
3.16 PCT
23 MONTHS
2511
4.15
100.13
4.12
12 MONTHS
3.47 PCT
34 MONTHS
3610
4.20
99.14
4.58
TOTAL TURNOVER OF BILLS AND BONDS
-
25,036 MN
CLOSED 11 JANUARY 1994