XN000022-1991-10-11 — Page 21

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HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

FRIDAY, OCTOBER 11, 1991

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

10.10.91

600

11.10.91

+69

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

-69

NEUTRAL

TRADE WEIGHTED INDEX 112.0 +0.2* 11.10.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

10.10.91

11.10.91

MATURING IN 1 WEEK

4.64 PCT

4.87 PCT

1 MONTH

4.27 PCT

4.58 PCT

3 MONTHS

4.29 PCT

4.63 PCT

6 MONTHS

4.55 PCT

4.80 PCT

12 MONTHS

5.22 PCT

5.46 PCT

TOTAL TURNOVER

6,340 MN

8,613 MN