XN000022-1992-11-27 — Page 35

33.

FRIDAY, NOVEMBER 27, 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

+1,300

LAF RATE 2.00 BID/4.00 OFFER TWI 113.6 +0.2* 27.11.92

2,800

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.90 PCT

15 MONTHS

2402

5.50

101.23 4.49

1 MONTH

3.73 PCT

18 MONTHS

2405

5.50

101.22 4.68

3 MONTHS

3.80 PCT

21 MONTHS

2408

4.375

99.28 4.87

6 MONTHS

3.

.92 PCT

24 MONTHS 2411

4.625

99.28 5.08

12 MONTHS

4.36 PCT

TOTAL TURNOVER OF BILLS AND BONDS - 5,529MN

CLOSED 27 NOVEMBER 1992