XN000022-1991-08-19 — Page 10

MONDAY, AUGUST 19, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * * *

DATE

$MILLION

CLOSING BALANCE IN THE ACCOUNT ON

17.8.91

600

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

19.8.91

+28

-28

NEUTRAL

TRADE WEIGHTED INDEX 113.9 *+0.5* 19.8.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

16.8.91

19.8.91

MATURING IN 1 WEEK

4.66 PCT

4.73 PCT

1 MONTH

5.05 PCT

5.05 PCT

3 MONTHS

5.48 PCT

5.58 PCT

6 MONTHS

5.83 PCT

5.90 PCT

12 MONTHS

6.40 PCT

6.41 PCT

TOTAL BILLS TRANSFERRED

6,650 MN

4,400 MN