XN000022-1993-02-16 — Page 16

15

TUESDAY, FEBRUARY 16, 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. R *-0.2* 16.2.1993

HONG KONG GOVERNMENT EXCHANGE FUND

8 MILLION

650

+1,500

2,150

NIL

NII.

2,150

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.04 PCT

15 MONTHS 2405

5.50

102.13 3.77

1 MONTH

3 MONTHS 3.06 POT

6 MONTHS 3.18 POT

12 MONTHS 3.58 POT

3.04 POT

18 MONTHS

2408

5.50

100.60

4.00

21 MONTHS 2411

4.375

100.62 4.29

21 MONTHS 2502

1.625

100.62

4.47

TOTAL TURNOVER OF BILLS AND BONDS

—

10,471MN

CLOSED 16 FEBRUARY 1993