XN000022-1991-07-16 — Page 16

15

TUESDAY, JULY 16, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

TUESDAY 23 JULY 1991

NEXT TENDER OF EXCHANGE FUND BILLS

ISSUE NUMBER

Q130

ISSUE DATE

24 JUL 91

MATURITY DATE

TENOR

23 OCT 91

91 DAYS

AMOUNT ON OFFER

HKD 400 + 80 MN

0

—

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

НКЕН

H169

24 JUL 91

22 JAN 92

182 DAYS

HKD 200 + 60 MN

MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

15.7.91

480

16.7.91

+60

-60

NEUTRAL

TRADE WEIGHTED INDEX 113.8 +0.1 16.7. 91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

16.7.91

15.7.91

MATURING IN 1 WEEK

5.85 PCT

5.87 PCT

1 MONTH

5.99 PCT

6.02 PCT

3 MONTHS

6.13 PCT

6.16 PCT

6 MONTHS

6.19 PCT

6.18 PCT

12 MONTHS

6.61 PCT

6.51 PCT

TOTAL BILLS TRANSFERRED

4.652 MN

5,550 MN