XN000022-1993-01-21 — Page 15

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14

THURSDAY, JANUARY 21, 1993

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

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 114.4 *+0.1% 21.1.1993

HONG KONG GOVERNMENT EXCHANGE FUND

$ MILLION

1,800

-300

1,500

NIL

NIL

1,500

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3 MONTHS

6 MONTHS 3.62 PCT

12 MONTHS 4.23 PCT

3.16 PCT

13 MONTHS 2402

5.50

101.16

4.42

3.15 PCT

16 MONTHS 2405

5.50

101.15

4.63

3.29 PCT

19 MONTHS 2408

4.375

99.24

4.94

22 MONTHS 2411

4.625

99.26

5.12

TOTAL TURNOVER OF BILLS AND BONDS 11,476 MN

CLOSED 21 JANUARY 1993

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