XN000022-1992-09-28 — Page 15

14

MONDAY, SEPTEMBER 28, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

REVERASL 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 110.2 *-0.2* 28.9.92

HONG KONG GOVERNMENT EXCHANGE FUND

$ MILLION

1,740

-240

1,500

NIL

NIL

1,500

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

1 WEEK

YIELD

2.92 PCT

TERM

ISSUE

COUPON

PRICE

YIELD

14 MONTHS

2311

6.25

103.42 3.19

1 MONTH

2.77 PCT

3 MONTHS

2.56 PCT

20 MONTHS

17 MONTHS 2402

2405

5.50

102.96 3.32

5.50

102.99 3.63

6 MONTHS

2.68 PCT

23 MONTHS 2408

4.375

101.05 3.83

12 MONTHS

3.12 PCT

TOTAL TURNOVER OF BILLS AND BONDS

J

12,995 MN

CLOSED 28 SEPTEMBER 1992

I