XN000022-1991-07-31 — Page 17

WEDNESDAY, JULY 31, 1991

16

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* *

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

30.7.91

600

31.7.91

-98

+98

NEUTRAL

TRADE WEIGHTED INDEX 113.4 *+0.0* 31.7.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

30.7.91

MATURING IN 1 WEEK

6.03 PCT

1 MONTH

6.04 PCT

31.7.91

5.80 PCT

* 5.90 PCT

3 MONTHS

6.17 PCT

6.01 PCT

6 MONTHS

6.27 PCT

6.21 PCT

12 MONTHS

6.55 PCT

6.51 PCT

TOTAL BILLS TRANSFERRED

4,522 MN

5,715 MN

0