XN000022-1992-03-17 — Page 19

18

TUESDAY, MARCH 17, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 23 MARCH 1992

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

24 MAR 92

EF BILLS

Q213

25 MAR 92

24 MAR 92

EF BILLS

Y288

25 MAR 92

-

MATURITY DATE

24 JUN 92

24 MAR 93

TENOR

91 DAYS

364 DAYS

AMOUNT ON OFFER

HK$500 + 100MN

HK$ 200 + 60 MN

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

16.3.92

700

17.3.92

-158

+158

NEUTRAL

TRADE WEIGHTED INDEX 112.6 -0.3* 17.3.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

4.28 PCT

20 MONTHS 2311

6.25

100.30

6.14

1 MONTH

4.12 PCT

23 MONTHS

2402

5.50

98.59

6.39

3 MONTHS

4.12 PCT

6 MONTHS 4.37 PCT

12 MONTHS

4.77 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 17 MARCH 1992

-

10,272 MN