XN000022-1993-03-25 — Page 8

THURSDAY, MARCH 25, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE

YIELD

1 WEEK

2.54 PCT

14 MONTHS

2406

5.50

102.28

1 MONTH

2.69 PCT

17 MONTHS

2408

5.50

101.13

3.48

3.57

3 MONTHS

2.85 PCT

20 MONTHS

2411

4.375

101.46 3.73

6 MONTHS

3.06 PCT

23 MONTHS

2502

4.625

101.56

3.92

12 MONTHS

3.39 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

13,609MN

CLOSED 25 MARCH 1993