XN000022-1991-12-02 — Page 14

13

-

MONDAY, DECEMBER 2, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

* O/N ASSISTANCE TO BE REVERSED -450 MN OTHER FORWARDS TO BE SETTLED 80 MN

-

30.11.91

2.12.91

TRADE WEIGHTED INDEX 110.9 *-0.1* 2.12.91

950

-530*

+ 80

NEUTRAL

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

1 WEEK

4.11 PCT

24 MONTHS 2311

6.25

101.38

YIELD

5.57

1 MONTH

4.29 PCT

3 MONTHS

4.02 PCT

6 MONTHS

4.19 PCT

12 MONTHS

TURNOVER

-

4.85 PCT

BILLS 5,845 MN, BONDS 45 MN

CLOSED 2 DECEMBER 1991