XN000022-1992-08-04 — Page 19

18

TUESDAY, AUGUST 4, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 109.8 +0.1* 4.8.92

HONG KONG GOVERNMENT EXCHANGE FUND

S MILLION

988

NIL

988

NIL

+150

1,138

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3.03 PCT

15 MONTHS 2311

6.25

103.32

3.62

3 MONTHS

2.76 PCT

2.69 PCT

18 MONTHS 2402

5.50

102.31 3.97

21 MONTHS 2405

5.50

102.30

4.19

6 MONTHS 2.79 PCT

12 MONTHS 3.30 PCT

TOTAL TURNOVER OF BILLS AND BONDS 11,795MN

CLOSED 4 AUGUST 1992