XN000022-1992-02-17 — Page 10

MONDAY, FEBRUARY 17, 1992

HONG KONG GOVERNMENT EXCHANGE FUND TENDER RESULTS

**

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AV PRICE (YIELD) ACCEPTED

LOWEST PRICE (YIELD) ACCEPTED

PRO RATA RATIO

AV TENDER PRICE (YIELD)

17 FEB 92

GOVT BONDS

2402

HKD 1,106 MN

HKD 500 MN

100.11

(5.52)

100.03 (5.56)

60 PCT

100.00 (5.58)

0

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

15.2.92

600

17.2.92

-30

+30

NEUTRAL

TRADE WEIGHTED INDEX 110.9 *-0.3* 17.2.92

/HONG KONG

+

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