XN000022-1991-07-03 — Page 25

WEDNESDAY, JULY 3, 1991

24

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

2.7.91

480

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

3.7.91

+201

-201

NEUTRAL

TRADE WEIGHTED INDEX 114.4 *+0.2* 3.7.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

2.7.91

3.7.91

MATURING IN 1 WEEK

6.87 PCT

6.83 PCT

1 MONTH

6.49 PCT

6.43 PCT

3 MONTHS

6.40 PCT

6.27 PCT

6 MONTHS

6.36 PCT

6.27 PCT

12 MONTHS

6.63 PCT

6.63 PCT

TOTAL BILLS TRANSFERRED

3.965 MN

5,806 MN

0