XN000022-1991-12-19 — Page 22

21

THURSDAY, DECEMBER 19, 1991

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.32 PCT

23 MONTHS 2311

6.25

101.64

5.41

1 MONTH

4.37 PCT

3 MONTHS

4.22 PCT

6 MONTHS 4.30 PCT

12 MONTHS

4.62 PCT

TURNOVER OF BILLS AND BONDS -3,906MN

CLOSED 19 DECEMBER 1991