XN000022-1992-05-18 — Page 15

14

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

**

MONDAY, MAY 18, 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

16.5.92

1,688

18.5.92

-541 *

-159

+700 **

* O/N ASSISTANCE TO BE REVERSED -700 MN OTHER FORWARDS TO BE SETTLED +159 MN **O/N ASSISTANCE TO BE REVERSED ON 19/5

TRADE WEIGHTED INDEX 111.7 -0.1* 18.5.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3.13 PCT

18 MONTHS

2311

6.25

102.44 4.60

3.16 PCT

21 MONTHS

2402

5.50

100.98 4.96

3 MONTHS

3.25 PCT

24 MONTHS

2405

5.50

100.68

5.20

6 MONTHS

3.59 PCT

12 MONTHS 3.99 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

10,196 MN

CLOSED 18 MAY 1992