XN000022-1992-03-10 — Page 13

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HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

DATE

TUESDAY, MARCH 10, 1992

MILLION

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

9.3.92

600

10.3.92

-175

+175

NEUTRAL

TRADE WEIGHTED INDEX 112.3 +0.1* 10.3.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.15 PCT

21 MONTHS 2311

6.25

100.59

5.96

1 MONTH

3.98 PCT

24 MONTHS

2402

5.50

99.07

6.10

3 MONTHS

3.99 PCT

6 MONTHS 4.22 PCT

12 MONTHS 4.69 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

6.290 MN

CLOSED 10 MARCH 1992