XN000022-1991-12-12 — Page 24

THURSDAY, DECEMBER 12, 1991

23

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

11.12.91

500

12.12.91

+29

-29

NEUTRAL

TRADE WEIGHTED INDEX 110.3 -0.3* 12.12.§ 91

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.42 PCT

24 MONTHS 2311

6.25

101.76

5.35

1 MONTH

3.96 PCT

3 MONTHS

3.96 PCT

6 MONTHS 4.07 PCT

12 MONTHS

4.60 PCT

TURNOVER BILLS 3,934 MN, BONDS 25 MN

CLOSED 12 DECEMBER 1991

0