XN000022-1992-01-24 — Page 18

17

FRIDAY, JANUARY 24, 1992

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

23.1.92

900

24.1.92

+268

-568

+500

O/N ASSISTANCE REVERSED TODAY OTHER FORWARDS SETTLED TODAY

-400 MN +668 MN

**

I.E. A NET INJECTION TODAY OF

+100 MN

O/N ASSISTANCE TO BE REVERSED ON 27 JAN 1992

TRADE WEIGHTED INDEX 110.5 *+0.5* 24 1.92

•

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

TERMS

YIELD

TERM

COUPON

HONG KONG GOVERNMENT BONDS

ISSUE

PRICE YIELD

1 WEEK

4.55 PCT

23 MONTHS

2311

6.25

101.33

5.54

1 MONTH

4.24 PCT

3 MONTHS

4.11 PCT

6 MONTHS

4.10 PCT

12 MONTHS

4.57 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

11,507 MN

CLOSED 24 JANUARY 1992