XN000022-1993-01-18 — Page 16

15

MONDAY, JANUARY 18, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

$ MILLION

1,150

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

+350

1,500

NET INJECTION/WITHDRAWAL TODAY

NIL

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

NIL

1,500

LAF RATE 2.00 BID/4.00 OFFER TWT 114.7

*+0.0* 18.1.1993

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.09 PUT

13 MONTHS 2102

5.50

101.13

1.46

1 MONTH

3 MONTHS

6 MONTHS 3.76 PCT

12 MONTHS 4.35 PCT

3.19 PCT

3.46 POT

16 MONTHS

2405

5.50

101.08

4.70

19 MONTHS 2408

1.375

99.18 4.98

22 MONTHS 2411

4.625

99.12

5.20

TOTAL TURNOVER OF BILLS AND BONDS 11.399 MN

CLOSED 18 JANUARY 1993