XN000022-1992-08-18 — Page 21

TUESDAY, AUGUST 18, 1992

20

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * *

$ MILLION

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

2,500

-1,000

1,500

NIL

NIL

1,500

TWI 109.7 -0.1# 18.8.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1 WEEK

2.37 PCT

15 MONTHS

2311

6.25

103.57 3.30

1 MONTH

2.37 PCT

18 MONTHS

2402

5.50

102.74 3.60

3 MONTHS

2.43 PCT

21 MONTHS

2405

5.50

102.75 3.85

6 MONTHS 2.61 PCT

24 MONTHS

2408

4.375

100.72 4.00

12 MONTHS

3.10 PCT

TOTAL TURNOVER OF BILLS AND BONDS

5,479MN

CLOSED 18 AUGUST 1992

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