XN000022-1992-06-02 — Page 16

15

TUESDAY, JUNE 2, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

TENDER TO BE HELD IN THE WEEK BEGINNING 8 JUNE 1992 -

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

9 JUNE 92

EF BILLS

Q224

10 JUNE 92

9 SEPT 92

91 DAYS

AMOUNT ON OFFER

HK$ 500 + 100 MN

9 JUNE 92

EF BILLS

H266

10 JUNE 92

9 DEC 92

182 DAYS

HK$200 + 60 MN

0

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* *

CLOSING BALANCE IN THE ACCOUNT ON

EFFECT OF FORWARDS TO BE SETTLED ON

EFFECT OF OPERATIONS THIS MORNING

EFFECT OF OPERATIONS THIS AFTERNOON

TRADE WEIGHTED INDEX 111.5 +0.3* 2. 6.92

DATE

$ MILLION

1.6.92

988

2.6.92

-60

+60

NEUTRAL

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

2.92 PCT

18 MONTHS

2311

6.25

102.43 4.57

2.85 PCT

21 MONTHS

2402

5.50

101.15 4.84

3 MONTHS

2.89 PCT

24 MONTHS

2405

5.50

100.85

5.10

6 MONTHS

3.25 PCT

12 MONTHS 3.94 PCT

TOTAL TURNOVER OF BILLS AND BONDS

—

13.652MN

CLOSED 2 JUNE 1992