XN000022-1993-01-26 — Page 14

TUESDAY, JANUARY 26, 1993

13

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 114.0 *-0.1# 26.1.1993

HONG KONG GOVERNMENT EXCHANGE FUND

$ MILLION

1,500

NIL

1,500

NIL

NIL

1,500

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

2.99 PCT

3.08 PCT

13 MONTHS 2402

5.50

101.39

4.19

16 MONTHS

2405

6.50

101 44

4.40

•

3 MONTHS

3.16 PCT

19 MONTHS

2408

4.375

99.64

4.67

6 MONTHS 3.47 PCT

12 MONTHS 4.17 PCT

22 MONTHS 2411

4.625

99.66

4.88

TOTAL TURNOVER OF BILLS AND BONDS

T

11,958 MN

CLOSED 26 JANUARY 1993

I