XN000022-1992-10-06 — Page 10

TUESDAY, OCTOBER 6, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * * *

OPENING BALANCE IN THE ACCOUNT

$ MILLION

1,400

+100

1,500

NIL

-200

1,300

6.10.92

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*

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1 WEEK

2.38 PCT

14 MONTHS

2311

6.25

103.26 3.28

1 MONTH

2.45 PCT

17 MONTHS

2402

5.50

102.86 3.36

3 MONTHS

2.49 PCT

20 MONTHS

2405

5.502

102.88 3.68

6 MONTHS 2.63 PCT

12 MONTHS

23 MONTHS

2408

4.375

100.95 3.88

3.15 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 6 OCTOBER 1992

—

6,638MN

0