XN000022-1991-11-22 — Page 31

30

FRIDAY, NOVEMBER 22, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

*

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

TRADE WEIGHTED INDEX 110.8 *-0.1*

DATE

$MILLION

21.11.91

500

22.11.91

-26

+26

NEUTRAL

22.11.91

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.70 PCT 24 MONTHS 2311

6.25

101.24

5.66

1 MONTH

3.73 PCT

3 MONTHS

3.92 PCT

6 MONTHS 4.19 PCT

12 MONTHS 4.87 PCT

TURNOVER

J

BILLS 3,453 MN, BONDS 74 MN