13

MONDAY, FEBRUARY 7, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

MONRY MARKET OPERATIONS

$ MILLION

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

2,165

+835

3,000

NIL

+110

3,110

TWI 126.8 *-0.1# 7.2.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.80

16 MONTHS

2505

3.75

99.77

3.97

1 MONTH

2.91

19 MONTHS

2508

4.265

100.74

4.16

3 MONTHS

3.19

22 MONTHS

2511

4.15

99.74

4.35

6 MONTHS

3.36

33 MONTHS

3610

4.20

98.68

4.78

12 MONTHS

3.67

36 MONTHS

3701

4.60

99.47

4.85

TOTAL TURNOVER OF BILLS AND BONDS

+

22,725 MN

CLOSED 7 FEBRUARY 1994

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