XN000022-1993-03-30 — Page 22

TUESDAY, MARCH 30, 1993

21

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* *

$ MILLION

OPENING BALANCE IN THE ACCOUNT

2,480

REVERSAL OF LAF

-330

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

NIL

-35

2,115

TWI 113.6 *+0.0*

30.3.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE YIELD

1 WEEK

1 MONTH

2.76 PCT

14 MONTHS

2405

5.50

102.43 3.32

2.70 PCT

17 MONTHS

2408

5.50

101.24 3.48

3 MONTHS

2.86 PCT

20 MONTHS

2411

4.375

101.54 3.67

6 MONTHS

3.08 PCT

23 MONTHS

2502

4.625

101.59 3.90

12 MONTHS

3.33 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

14,143MN

CLOSED 30 MARCH 1993