XN000022-1991-05-20 — Page 11

MONDAY, MAY 20, 1991

10

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

*

HKEF

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

18.5.91

480

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

TRADE WEIGHTED INDEX 112.7 +0.2* 20.5.91

20.5.91

-40

+40

NEUTRAL

ISSUE

NUMBER

HONG KONG GOVERNMENT EXCHANGE PUND 91-DAY EXCHANGE FUND BILLS

MATURING ON

OUTSTANDING

$ MILLION

Q115

10.7.91

350

+130

Q116

17.7.91

350

+130

Q117

24.7.91

338.5

+141.5

Q118

31.7.91

450

+30

Q119

7.8.91

415

+65

Q120

14.8.91

380

+ 100

Q108

22.5.91

560

-80

Q109

29.5.91

620

-140

Q110

5.6.91

290

+190

Q111

12.6.91

394

+86

Q112

19.6.91

630

-150

Q113

26.6.91

460

+20

Q114

3.7.91

520

-40

HKEI

/HONG KONG