XN000022-1991-09-20 — Page 18

FRIDAY, SEPTEMBER 20,

1991

17

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$MILLION

CLOSING BALANCE IN THE ACCOUNT ON

19.9.91

600

EFFECT OF FORWARDS TO BE. SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

20.9.91

+22

-22

NEUTRAL

TRADE WEIGHTED INDEX 112.3 *+0.2* 20.9.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

19.9.91

20.9.91

MATURING IN

1 WEEK

1 MONTH

4.06 PCT 4.24 PCT

4.09 PCT

4

4.29 PCT

3 MONTHS

4.58 PCT

4.60 PCT

6 MONTHS

5.15 PCT

6.13 PCT

12 MONTHS

5.85 PCT

6.84 PCT

TOTAL TURNOVER

10,390 MN

9,490 MN