XN000022-1992-10-20 — Page 17

TUESDAY, OCTOBER 20, 1992

16

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* *

MILLION

OPENING BALANCE IN THE ACCOUNT

1,800

REVERSAL OF LAF

-300

BALANCE AFTER REVERSAL OF LAF

1,500

LAF RATE 2.00 BID/4.00 OFFER

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

TWI 111.1 *+0.3*

NIL

NIL

1,500

20.10.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1 WEEK

2.82 PCT

13 MONTHS

2311

6.25

102.48 3.91

1 MONTH

2.98 PCT

16 MONTHS

2402

5.50

101.78 4.14

3 MONTHS

3.13 PCT

19 MONTHS

2405

5.502

101.79 4.36

6 MONTHS

3.26 PCT

22 MONTHS

2408

4.375

99.84 4.

.51

12 MONTHS

3.75 PCT

TOTAL TURNOVER OF BILLS AND BONDS

—

5,246MN

CLOSED 20 OCTOBER

1992

H