XN000022-1991-08-21 — Page 9

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WEDNESDAY, AUGUST 21, 1991

- B

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

20.8.91

600

21.8.91

-72

+72

NEUTRAL

TRADE WEIGHTED INDEX 113.5 -0.3* 21.8.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

20.8.91

21.8.91

MATURING IN 1 WEEK

4.61

PCT

4.52 PCT

1 MONTH

4.96 PCT

4.90 PCT

3 MONTHS

5.49 PCT

5.49 PCT

6 MONTHS

5.86 PCT

5.87 PCT

12 MONTHS

6.40 PCT

6.38 PCT

TOTAL BILLS TRANSFERRED

5,370 MN

6,338 MN