XN000022-1993-04-23 — Page 22

21

FRIDAY, APRIL 23, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

2,450

REVERSAL OF LAF

-300

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 111.9 +0.0* 23.4.93

NIL

-90

2,060

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.76 PCT

13 MONTHS

2405

5.50

102.47 3.14

1 MONTH

2.79 PCT

16 MONTHS

2408

4.375

101.38 3.32

3 MONTHS

2.83 PCT

19 MONTHS

2411

4.625

101.77 3.48

6 MONTHS 2.98 PCT

22 MONTHS

2502

4.75

101.88 3.70

12 MONTHS

3.17 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 23 APRIL 1993

0

J

14,405 MN