-11
WEDNESDAY, JANUARY 26, 1994
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
$MILLION
OPENING BALANCE IN THE ACCOUNT
REVERSAL OF LAF
1,791
+2,209
BALANCE AFTER REVERSAL OF LAF
NET INJECTION/WITHDRAWAL TODAY
EFFECT OF LAF TODAY
4,000
NIL
-850
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
3,150
TWI 127.0
*-0.31
26.1.94
HONG KONG GOVERNMENT EXCHANGE FUND
EF NOTES/HONG KONG GOVERNMENT BONDS
EF BILLS
TERMS
YIELD
TERM
ISSUE
PRICE COUPON
YIELD
1 WEEK
2.70
16 MONTHS
2505
3.75
100.15
3.66
1 MONTH
2.80
19 MONTHS
2508
4.265
101.22
3.85
3 MONTHS
2.97
22 MONTHS
2511
4.15
100.20
4.07
6 MONTHS
3.08
33 MONTHS
3610
4.20
99.19
4.57
12 MONTHS
3.43
36 MONTHS
3701
4.60
100.05
4.63
TOTAL TURNOVER OF BILLS AND BONDS
30,078 MN
CLOSED 26 JANUARY 1994