XN000022-1993-01-19 — Page 30

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29

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TUESDAY, JANUARY 19, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

$ MILLION

1,500

REVERSAL OF LAF

NJL

BALANCE AFTER REVERSAL OF LAF

1,500

NET INJECTION/WITHDRAWAL TODAY

NIL

EFFECT OF LAF TODAY

+400

CLOSING BALANCE IN THE ACCOUNT

1,900

LAF RATE 2.00 BID/4.00 OFFER TWI 114.5 *-0.2* 19.1.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.04 PCT

13 MONTHS 2402

5.50

101.27

4.32

1 MONTH

3.13 PCT

16 MONTHS

2405

5.50

101.25

4.57

3 MONTHS

3.31 POT

19 MONTHS

2408

4.375

99.32

4.88

6 MONTHS 3.61 PCT

22 MONTHS 2411

4.625

99.28

5.10

12 MONTHS

4.17 PCT

TOTAL TURNOVER OF BILLS AND BONDS

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17,663 MN

CLOSED 19 JANUARY 1993