XN000022-1992-03-20 — Page 27

26

FRIDAY, MARCH 20, 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

19.3.92

700

20.3.92

+74

-74

NEUTRAL

TRADE WEIGHTED INDEX 112.9 +0.3* 20.3.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

1 WEEK

4.40 PCT

20 MONTHS

2311

6.25

PRICE YIELD

100.22 6.19

1 MONTH

4.16 PCT

23 MONTHS

2402

5.50

98.52

6.43

3 MONTHS

4.19 PCT

6 MONTHS

4.49 PCT

12 MONTHS 4.86 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 20. MARCH 1992

5,075 MN