XN000022-1992-01-09 — Page 21

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THURSDAY, JANUARY 9, 1992

THE DAILY OPENING HOURS ARE: MONDAY, JANUARY 13 (9 AM TO 4.30 PM) 1 PM).

JANUARY 11 (10 AM TO 1 PM); AND TUESDAY, JANUARY 14 (9 AM TO

OPENING

THE CHAIRMAN OF THE BOARD OF EDUCATION, MR TIMOTHY HA, AND THE DIRECTOR OF EDUCATION, MR LI YUET-TING, WILL OFFICIATE AT THE CEREMONY ON JANUARY 11.

ATTENTION NEWS EDITORS:

OPENING

AT 10

AM ON

MEDIA REPRESENTATIVES ARE INVITED TO COVER THE CEREMONY OF THE GRANTHAM COLLEGE OF EDUCATION OPEN DAY SATURDAY (JANUARY 11) AT 42 GASCOIGNE ROAD, YAU MA TEI.

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

8.1.92

500

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

9.1.92

-308

+308

EFFECT OF OPERATIONS THIS AFTERNOON

NEUTRAL

TRADE WEIGHTED INDEX 109.5 *+0.2* 9.1.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

4.22 PCT

23 MONTHS 2311

6.25

102.30

5.00

3.79 PCT

3 MONTHS

3.63 PCT

6 MONTHS

3.65 PCT

12 MONTHS 4.00 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 9 JANUARY 1992

—

13,785 MN

0