XN000022-1992-08-13 — Page 18

THURSDAY, AUGUST 13, 1992

- 17·

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 109.9 -0.1* 13.8.92

HONG KONG GOVERNMENT EXCHANGE FUND

MILLION

1,500

NIL

1,500

NIL

+400

1,900

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

2.50 PCT

15 MONTHS 2311

6.25

103.69

3.26

2.39 PCT

18 MONTHS 2402

5.50

102.80

3.61

3 MONTHS 2.38 PCT

6 MONTHS 2.55 PCT

21 MONTHS 2405

5.50

102.80

3.87

12 MONTHS 3.08 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

6,049 MN

CLOSED 13 AUGUST 1992

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