XN000022-1991-09-17 — Page 24

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TUESDAY, SEPTEMBER 17, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

HKEG

EXCANGE FUND BILLS TENDER RESULTS

TUESDAY 17 SEPTEMBER 1991

ISSUE NUMBER

Q138

H173

AMOUNT APPLIED

AMOUNT ALLOTTED

HKD 1,780MN

HKD 845MN

HKD 500MN

HKD 200MN

AVERAGE ACCEPTED YIELD

5.03 PCT

5.50 PCT

HIGHEST ACCEPTED YIELD

5.08 PCT

5.50 PCT

PRO RATA RATIO

HONG KONG GOVERNMENT EXCHANGE FUND

TUESDAY 24 SEPTEMBER 1991

ABOUT 2 PCT

ABOUT 94 PCT

HKEN

NEXT TENDER OF EXCHANGE FUND BILLS

ISSUE NUMBER

Q139

ISSUE DATE

25 SEPT 1991

MATURITY DATE

TENOR

AMOUNT OF OFFER

27 DEC 1991

93 DAYS

HKD 500 + 100MN

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

• MILLION

CLOSING BALANCE IN THE ACCOUNT ON

16.9.91

600

EFFECT OF FORWARDS TO BE SETTLED ON

17.9.91

+89

EFFECT OF OPERATIONS THIS MORNING

-89

NEUTRAL

EFFECT OF OPERATIONS THIS AFTERNOON

TRADE WEIGHTED INDEX 112.0 *-0.3* 17.9.91

HONG KONG