XN000022-1992-02-12 — Page 16

15

WEDNESDAY, FEBRUARY 12, 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

* O/N ASSISTANCE TO BE REVERSED

OTHER FORWARDS TO BE SETTLED

DATE

$MILLION

11.2.92

1,000

12.2.92

-100*

-300

NEUTRAL

-400 MN +300 MN

TRADE WEIGHTED INDEX 110.8 *+0.4% 12.2.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.60 PCT

21 MONTHS

2311

6.25

101.63

5.33

1 MONTH

3.63 PCT

3 MONTHS

3.69 PCT

6 MONTHS

3.88 PCT

12 MONTHS

4.40 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

5,016 MN

CLOSED 12 FEBRUARY 1992