XN000022-1992-11-06 — Page 21

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FRIDAY, NOVEMBER 6, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS * * * * *

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

$ MILLION

1,500

NIL

1,500

NIL

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 112.5 +0.1* 6.11.92

+2,500

4,000

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

1 WEEK

2.66 PCT

13 MONTHS

2311

6.25

YIELD

102.38 3.90

1 MONTH

2.79 PCT

16 MONTHS

2402

5.50

101.48 4.33

3 MONTHS

3.17 PCT

19 MONTHS

2405

5.502

101.48 4.54

6 MONTHS

3.33 PCT

22 MONTHS 2408

4.375

99.50 4.72

12 MONTHS

3.92 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

18,220 MN

CLOSED 6 NOVEMBER 1992

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