XN000022-1991-11-12 — Page 22

TUESDAY, NOVEMBER 12, 1991

21

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * *

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

11.11.91

500

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

12.11.91

-9

+9

NEUTRAL

TRADE WEIGHTED INDEX 111.2 -0.1* 12.11.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

12.11.91

11.11.91

MATURING IN 1 WEEK

3.34 PCT

3.23 PCT

1 MONTH

3.46 PCT

3.40 PCT

3 MONTHS

3.85 PCT

3.86 PCT

6 MONTHS

4.16 PCT

4. .10 PCT

12 MONTHS

4.89 PCT

4.91 PCT

TOTAL TURNOVER

6,230 MN

3,020 MN