XN000022-1991-12-04 — Page 58

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WEDNESDAY, DECEMBER 4, 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

3.12.91

500

4.12.91

-381

+381

NEUTRAL

TRADE WEIGHTED INDEX 110.8 +0.0* 4.12.91

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3.65 PCT

24 MONTHS

2311

6.25

101.58

5.46

3.98 PCT

3 MONTHS

3.95 PCT

6 MONTHS

4.07 PCT

12 MONTHS

4.86 PCT

TURNOVER BILLS 5,841 MN, BONDS 71 MN

—

CLOSED 4 DECEMBER 1991

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