XN000022-1991-08-01 — Page 17

16

THURSDAY, AUGUST 1, 1991

IN ORDER TO MAKE SCIENCE A LIVING SUBJECT, STUDENTS THEMSELVES MUST ALSO PARTICIPATE ACTIVELY IN IT, MR WINFIELD SAID, ADDING THAT AN EXAMPLE WAS TO ORGANISE ACTIVITIES, EXPERIMENTS AND PROJECTS.

MUCH

WORTHWHILE

THROUGH TODAY'S EXHIBITION, VISITORS COULD SKK HOW STUDENTS HAD BECOME INVOLVED IN REAL, PRACTICAL AND LEARNING, HE SAID.

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

31.7.91

600

1.8.91

-247

+247

NEUTRAL

TRADE WEIGHTED INDEX 113.2 -0.2* 1.8.91

HONG KONG GOVERNMENT EXCHANGE PUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

1.8.91

31.7.91

MATURING IN 1 WEEK

5.59 PCT

5.80 PCT

1 MONTH

5.64 PCT

5.90 PCT

3 MONTHS

5.82 PCT

6.01 PCT

6 MONTHS

6.17 PCT

6.21 PCT

12 MONTHS

6.44 PCT

6.51 PCT

TOTAL BILLS TRANSFERRED

8,440 MN

5,715 MN