XN000022-1993-01-29 — Page 16

15

FRIDAY, JANUARY 29, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

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

1,500

NIL

1,500

NIL

1.170

2,670

LAF RATE 2.00 BID/4.00 OFFER TWI 114.30 *+0.0+ 29.1. 93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE

YIELD

1 WEEK

1 MONTH

2.78 PCT

13 MONTHS 2402

5.50

101.63

3.93

2.84 PCT

16 MONTHS

2405

5.50

101.65

4.22

3 MONTHS

2.97 PCT

19 MONTHS

2408

4.375

99.78

4.57

6 MONTHS 3.29 PCT

12 MONTHS 3.94 PCT

22 MONTHS

2411

4.625

99.78

4.81

TOTAL TURNOVER OF BILLS AND BONDS

-

20,033 MN

CLOSED 29 JANUARY 1993