XN000022-1992-10-16 — Page 32

FRIDAY, OCTOBER 16, 1992

31

HONG KONG GOVERNMENT EXCHANGE FUND

MONRY MARKET OPERATIONS

* * * * *

OPENING BALANCE IN THE ACCOUNT

$MILLION

2,000

-500

1,500

NIL

+800

2,300

16.10.92

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 110.6 *+0.1*

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1 WEEK

2.77 PCT

13 MONTHS

2311

6.25

102.86 3.57

1 MONTH

2,80 PCT

16 MONTHS

2402

5.50

102.31 3.74

3 MONTHS

2.83 PCT

19 MONTHS

2405

5.502

102.36 3.99

6 MONTHS 2.95 PCT

22 MONTHS

2408

4.375

100.43

4.17

12 MONTHS

3.48 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 16 OCTOBER

1992

-

9, 186MN