XN000022-1992-01-31 — Page 32

I

30

FRIDAY, JANUARY 31, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

DATE

$ MILLION

30.1.92

31.1.92

TRADE WEIGHTED INDEX 110.6 +0.2* 31.1.92

HONG KONG GOVERNMENT EXCHANGE FUND

600

NEUTRAL

NEUTRAL

NEUTRAL

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.12 PCT

22 MONTHS

2311

6.25

101.16

5.63

1 MONTH

4.09 PCT

3 MONTHS

4.05 PCT

6 MONTHS 4.10 PCT

12 MONTHS

4.70 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 31 JANUARY 1992

-

5,547 MN