XN000022-1992-06-12 — Page 21

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FRIDAY, JUNE 12, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

* * * * *

OPENING BALANCE IN THE ACCOUNT

988MN

REVERSAL OF LAF

NIL

BALANCE AFTER REVERSAL OF LAF

988MN

NET INJECTION/WITHDRAWAL TODAY

NIL

EFFECT OF LAF TODAY

+500MN

CLOSING BALANCE IN THE ACCOUNT

1488MN

LAF RATE 2.50 BID/4.50 OFFER TWI 111.0 -0.2 12.6.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1W

3.26 PCT

18M

2311

6.25

102.28 4.63

1M

2.97 PCT

21M

2402

5.50

101.00 4.92

3M

2.93 PCT

24M

2405

5.50

100.73 5.16

6M

3.25 PCT

12M

3.95 PCT

TOTAL TURNOVER OF BILLS AND BONDS

6,689MN

CLOSED 12 JUNE 1992

0

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