XN000022-1991-07-08 — Page 25

24

MONDAY, JULY 8, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

*

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

DATE

$ MILLION

6.7.91

480

8.7.91

+31

-31

NEUTRAL

TRADE WEIGHTED INDEX 114.2 -0.1* 8.7.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

8.7.91

5.7.91

MATURING IN 1 WEEK

6.32 PCT

6.43 PCT

1 MONTH

6.38 PCT

6.37 PCT

3 MONTHS

6.44 PCT

6.33 PCT

6 MONTHS

6.44 PCT

6.34 PCT

12 MONTHS

6.80 PCT

6.84 PCT

TOTAL BILLS TRANSFERRED

3,784 MN

5,330 MN