XN000022-1991-08-15 — Page 12

11

THURSDAY, AUGUST 15, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$MILLION

CLOSING BALANCE IN THE ACCOUNT ON

14.8.91

600

EFFECT OF FORWARDS TO BE SETTLED ON

15.8.91

+158

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

-158

NEUTRAL

TRADE WEIGHTED INDEX 113.0 +0.0* 15.8.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

14.8.91

15.8.91

MATURING IN 1.

WEEK

4.64 PCT

4.62 PCT

1 MONTH

5.19 PCT

5.05 PCT

3 MONTHS

5.63 PCT

5.

.46 PCT

6 MONTHS

5.93 PCT

5.82 PCT

12 MONTHS

6.42 PCT

6.35 PCT

TOTAL BILLS TRANSFERRED

8,090 MN

7,470 MN

0