XN000022-1993-03-23 — Page 12

TUESDAY, MARCH 23, 1993

11

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

1,650

REVERSAL OF LAF

+500

BALANCE AFTER REVERSAL OF LAF

2,150

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

TWI 113.5 *-0.1*

NIL

-295

1,855

23.3.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.67 PCT

14 MONTHS

2405

5.50

102.27 3.50

1 MONTH

3 MONTHS

2.84 PCT

17 MONTHS

2408

5.50

101.14 3.57

2.93 PCT

20 MONTHS

2411

4.375

101.44 3.75

6 MONTHS 3.14 PCT

12 MONTHS 3.46 PCT

23 MONTHS

2502

4.625

101.47 3.98

TOTAL TURNOVER OF BILLS AND BONDS 5,179MN

CLOSED 23 MARCH 1993

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