XN000022-1991-07-09 — Page 10

HONG KONG GOVERNMENT EXCHANGE FUND

TUESDAY, JULY 9, 1991

CLOSING YIELDS OF EXCHANGE FUND BILLS

8.7.91

9.7.91

MATURING IN 1 WEEK

6.32 PCT

6.27 PCT

1 MONTH

6.38 PCT

6.31 PCT

3 MONTHS

6.44 PCT

6.44 PCT

6 MONTHS

6.44 PCT

6.45 PCT

12 MONTHS

6.80 PCT

6.80 PCT

TOTAL BILLS TRANSFERRED

3,784 MN

2,761 MN