12
MONDAY, JANUARY 24, 1994
HONG KONG GOVERNMENT EXCHANGE FUND TENDER RESULTS
TENDER DATE
PAPER ON OFFER
ISSUE NUMBER
AMOUNT APPLIED
AMOUNT ALLOTTED
AVERAGE PRICE ACCEPTED
LOWEST PRICE ACCEPTED
**
24 JAN 94
EF NOTES
3701
HK$4,630 MN
HK$500 MN
100.07
100.06
ABOUT 30 PCT
AVERAGE TENDER PRICE
100.01
PRO RATA RATIO
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
$ MILLION
1,790
+2,210
4,000
NJL
-900
3,100
TWI 127.5 +0.1 * 24..1.94
HONG KONG