XN000022-1992-02-25 — Page 20

19

TUESDAY, FEBRUARY 25, 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

24.2.92

600

25.2.92

-183

+183

NEUTRAL

TRADE WEIGHTED INDEX 111.7 -0.1 25.2.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.09 PCT

1 MONTH

4.06 PCT

21 MONTHS 2311

24 MONTHS

6.25

100.80

5.83

2402

5.50

99.39

5.92

3 MONTHS

4.08 PCT

6 MONTHS 4.29 PCT

12 MONTHS

4.88 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 25 FEBRUARY 1992

0

-

9,222 MN

-