XN000022-1992-08-19 — Page 10

WEDNESDAY, AUGUST 19, 1992

9

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 109.7 -0.0% 19.8.92

$ MILLION

1,500

NIL

1,500

NIL

NIL

1,500

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

1 WEEK

2.30 PCT 15 MONTHS 2311

6.25

YIELD

103.57 3.36

1 MONTH

2.37 PCT

3 MONTHS 2.44 PCT

6 MONTHS 2.60 PCT

12 MONTHS 3.08 PCT

18 MONTHS

2402

5.50

102.74

3.61

21 MONTHS 2405

5.50

102.75 3.88

24 MONTHS 2408

4.375

100.72

4.02

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 19 AUGUST 1992

1

I

0

4,988 MN