XN000022-1992-09-23 — Page 8

WEDNESDAY, SEPTEMBER 23, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

3.28 PCT

14 MONTHS

2311

6.25

103.27 3.36

1 MONTH

2.98 PCT

17 MONTHS

2402

5.50

102.68 3.55

3 MONTHS

2.66 PCT

20 MONTHS

2405

5.50

102.73 3.81

6 MONTHS

2.74 PCT

23 MONTHS 2408

4.375

100.80

3.97

12 MONTHS

3.17 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

4,784 MN

CLOSED 23 SEPTEMBER 1992