XN000022-1991-12-18 — Page 39

2+

37

WEDNESDAY, DECEMBER 18, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

17.12.91

700

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

18.12.91

-20

-180

+200*

EFFECT OF OPERATIONS THIS AFTERNOON

* LATE O/N ASSISTANCE

TO BE REVERSED ON 19.12.91

TRADE WEIGHTED INDEX 110.2 +0.0* 18.12.91

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.41 PCT

23 MONTHS

2311

6.25

101.59

5.44

1 MONTH

4.54 PCT

3 MONTHS

4.40 PCT

6 MONTHS 4.39 PCT

12 MONTHS

TURNOVER

-

4.72 PCT

BILLS 6,469 MN, BONDS 35 MN

CLOSED 18 DECEMBER 1991

0