XN000022-1993-05-05 — Page 18

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WEDNESDAY, MAY 5, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

1 WEEK

2.25 PCT

12 MONTHS

2405

5.50

COUPON PRICE

102.51 3.04

YIELD

1 MONTH

2.54 PCT

15 MONTHS

2408

4.375

101.51

3.19

3 MONTHS

2.69 PCT

18 MONTHS

2411

4.625

101.83 3.42

6 MONTHS

2.83 PCT

21 MONTHS

2502

4.75

101.96

3.63

12 MONTHS 3.01 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 5 MAY 1993

T

16,354 MN