LO
HONG KONG GOVERNMENT EXCHANGE FUND
MONEY MARKET OPERATIONS
MONDAY, MARCH 7, 1994
MILLION
OPENING BALANCE IN THE ACCOUNT
1,483
REVERSAL OF LAF
+1,517
BALANCE AFTER REVERSAL OF LAF
3,000
NET INJECTION/WITHDRAWAL TODAY
NIL
EFFECT OF LAF TODAY
CLOSING BALANCE IN THE ACCOUNT
LAF RATE 2.00 BID/4.00 OFFER
-20
2,980
TWI 125.8 *+0.0*
7.3.94
HONG KONG GOVERNMENT EXCHANGE FUND
EF BILLS
EF NOTES/HONG KONG GOVERNMENT BONDS
TERMS
YIELD
TERM
ISSUE COUPON PRICE
YIELD
1 WEEK
3.43
18 MONTHS
2508
4.625
99.90
4.75
1 MONTH
3.55
21 MONTHS
2511
4.15
98.79
4.95
3 MONTHS
3.68
24 MONTHS
2602
4.40
98.77
5.14
6 MONTHS
3.86
32 MONTHS
3610
4.20
97.09
5.47
12 MONTHS
4.31
35 MONTHS
3701
4.60
97.60
5.58
TOTAL TURNOVER OF BILLS AND BONDS
+
16,700 MN
CLOSED 7 MARCH 1994