XN000022-1992-04-21 — Page 22

21

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * * *

TUESDAY, APRIL 21, 1992

DATE

$ MILLION

CLOSING BALANCE IN THE ACCOUNT ON

16.4.92

700

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

21.4.92

NEUTRAL

NEUTRAL

+500 *

*

O/N ASSISTANCE TO BE REVERSED ON 22.4.92

TRADE WEIGHTED INDEX 113.2 *+0.2* 21.4.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.87 PCT

19 MONTHS

2311

6.25

101.53

5.29

1 MONTH

3.84 PCT

22 MONTHS

2402

5.50

99.72

5.74

3 MONTHS

3.84 PCT

6 MONTHS

3.95 PCT

12 MONTHS

4.62 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 21 APRIL 1992

I

-

3,864 MN

0