XN000022-1992-10-19 — Page 14

MONDAY, OCTOBER 19, 1992

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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

$ MILLION

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 110.8 +0.1* 19.10.92

HONG KONG GOVERNMENT EXCHANGE FUND

1,395

+105

1,500

NIL

+300

1,800

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE

YIELD

1 WEEK

2.78 PCT

13 MONTHS

2311

6.25

102.87

3.55

1 MONTH

2.82 PCT

16 MONTHS

2402

5.50

102.35 3.70

3 MONTHS

2.85 PCT

19 MONTHS

2405

5.502

102.39 3.96

6 MONTHS

2.95 PCT

22 MONTHS

2408

4.375

100.45 4.16

12 MONTHS

3.46 PCT

-

TOTAL TURNOVER OF BILLS AND BONDS 8,018 MN

CLOSED 19 OCTOBER 1992

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