XN000022-1993-03-16 — Page 24

TUESDAY, MARCH 16, 1993

23

HONG KONG GOVERNMENT EXCHANGE FUND.

MONEY MARKET OPERATIONS

* *

$ MILLION

OPENING BALANCE IN THE ACCOUNT

1,490

REVERSAL OF LAF

+660

BALANCE AFTER REVERSAL OF LAP

2,150

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

TWI 114.1 -0.1*

NIL

-810

1,340

16.3.93

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.33 PCT

14 MONTHS

2405

5.50

102.21 3.59

1 MONTH

2.74 PCT

17 MONTHS

2408

5.50

101.02 3.67

3 MONTHS

2.99 PCT

20 MONTHS

2411

4.375

101.36 3.81

6 MONTHS

3.20 POT

23 MONTHS

2502

4.

625

101.41 4.02

12 MONTHS

3.44 POT

TOTAL TURNOVER OF BILLS AND BONDS

17,007MN

CLOSED 16 MARCH 1993

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