XN000022-1991-09-03 — Page 9

TUESDAY, SEPTEMBER 3, 1991

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

TRADE WEIGHTED INDEX 113.0 -0.1* 3.9.91

2.9.91

600

3.9.91

+20

-20

NEUTRAL

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

3.9.91

2.9.91

MATURING IN 1 WEEK

5.17 PCT

5.22 PCT

1 MONTH

5.17 PCT

5.18 PCT

3 MONTHS

5.44 PCT

5.42 PCT

6 MONTHS

5.85 PCT

5.88 PCT

12 MONTHS

6.38 PCT

6.40 PCT

TOTAL BILLS TRANSFERRED

3,152 MN

6,905 MN