XN000022-1993-03-05 — Page 34

FRIDAY, MARCH 5, 1993

33

PARTICIPANTS HAVE TO ANSWER 50 MULTIPLE-CHOICE QUESTIONS RELATING TO INFORMATION ON CAREERS, TECHNICAL AND VOCATIONAL TRAINING, AND LABOUR LAW.

DURING THE CEREMONY, MRS HO AND THE GENERAL MANAGER OF THE RESOURCES DEPARTMENT OF PHILIPS HONG KONG LIMITED,

MR ANDREW PRESENTED PRIZES TO WINNING SCHOOLS, HIGHEST-SCORING STUDENTS, AND OUTSTANDING STUDENTS IN EACH OF THE FORMS 3 4 AND 5 SECTIONS.

HUMAN MOK,

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

1,420

REVERSAL OF LAF

+730

BALANCE AFTER REVERSAL OF LAF

2,150

NET INJECTION/WITHDRAWAL TODAY

NIL

EFFECT OF LAF TODAY

CLOSING BALANCK IN THE ACCOUNT

-870

1,280

LAF RATE 2.00 BID/4.00 OFFER TWI 113.7 -0.2* 5.3.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

1 WEEK

2.47 PCT

14 MONTHS 2405

5.50

YIELD

102.70 3.21

1 MONTH

2.60 POT

17 MONTHS

2108

5.50

101.56

3.29

3 MONTHS

2.85 POT

20 MONTHS

2411

4.375

101.91

3.48

6 MONTHS

2.96 PCT

23 MONTHS

2502

1.625

102.00

3.71

12 MONTHS

3.18 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

18,382 MN

CLOSED 5 MARCH 1993