XN000022-1992-08-11 — Page 12

11

TUESDAY, AUGUST 11, 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

$ MILLION

1,500

NIL

1,500

NIL

NIL

1,500

11.8.92

TWI 109.9 *+0.0*

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.36 PCT

15 MONTHS

2311

6.25

103.71 3.26

1 MONTH

2.33 PCT

18 MONTHS

2402

5.50

102.75 3.66

3 MONTHS

2.34 PCT

21 MONTHS

2405

5.50

102.77

3.90

6 MONTHS

2.53 PCT

12 MONTHS

3.08 PCT

TOTAL TURNOVER OF BILLS AND BONDS 12,712MN

CLOSED 11 AUGUST 1992

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