XN000022-1993-02-08 — Page 10

MONDAY, FEBRUARY 8, 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

1,660

- 160

1,500

NIL

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

- 100

1,400

LAF RATE 2.00 BID/4.00 OFFER TWI 115.30 *+0.0* 8.2.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE

YIELD

1 WEEK

1 MONTH

3.68 PCT

12 MONTHS

2402

5.50

102.00

3.53

3.15 PCT

15 MONTHS

2405

5.50

102.05

3.87

3 MONTHS

3.06 PCT

18 MONTHS

2408

4.375

100.34

4.18

6 MONTHS

3.18 PCT

21 MONTHS

2411

4.625

100.33

4.47

12 MONTHS

3.59 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

14,057 MN

CLOSED 8 FEBRUARY 1993

0