XN000022-1992-11-10 — Page 12

11

TUESDAY, NOVEMBER 10, 1992

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

3,300

- 1,800

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

1,500

NIL

+990

2,490

LAF RATE 2.00 BID/4.00 OFFER TWI 113.0 *+0.2* 10.11.92

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.10 PCT

12 MONTHS 2313

6.25

102.25

4.02

1 MONTH

3.18 PCT

15 MONTHS

2402

5.50

101.32

4.

46

3 MONTHS

3.48 PCT

18 MONTHS

2405

5.502

101.35

4.62

6 MONTHS 3.60 PCT

21 MONTHS

2408

4.375

99.

33

4.83

12 MONTHS

4.08 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 10 NOVEMBER, 1992

9,570 MN