XN000022-1991-11-15 — Page 23

FRIDAY, NOVEMBER 15, 1991

22

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

**

DATE

MILLION

CLOSING BALANCE IN THE ACCOUNT ON

14.11.91

500

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

15.11.91

+574

-574

NEUTRAL

TRADE WEIGHTED INDEX 111.1 *+0.0* 15.11.91

HONG KONG GOVERNMENT EXCHANGE FUND

CLOSING YIELDS OF EXCHANGE FUND BILLS

14.11.91

15.11.91

MATURING IN 1 WEEK

3.57 PCT

3.51 PCT

1 MONTH

3.53 PCT

3.60 PCT

3 MONTHS

3.90 PCT

3.89 PCT

6 MONTHS

4.15 PCT

4.15 PCT

12 MONTHS

4.93 PCT

4.85 PCT

TOTAL TURNOVER

5,210 MN

7,012 MN