XN000022-1992-03-06 — Page 20

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HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

FRIDAY, MARCH 6, 1992

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

5.3.92

600

6.3.92

-40

+40

NEUTRAL

TRADE WEIGHTED INDEX 112.3 -0.1* 6.3.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.26 PCT

21 MONTHS

2311

6.25

100.30

6.15

1 MONTH

4.01 PCT

24 MONTHS

2402

5.50

98.89

6.21

3 MONTHS

3.98 PCT

6 MONTHS 4.21 PCT

12 MONTHS

4.74 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 6 MARCH 1992

1

1

4.037 MN