XN000022-1993-05-18 — Page 19

18

TUESDAY, MAY 18, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

BALANCE AFTER REVERSL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 112.5 *+0.3* 18.5.1993

HONG KONG GOVERNMENT EXCHANGE FUND

$ MILLION

2,070

+80

2,150

NIL

-520

1,630

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.18 PCT 15 MONTHS 2408

4.375

101.12

3.48

1 MONTH

3 MONTHS

3.10 PCT

18 MONTHS

2411

4.625

101.48

3.63

3.00 PCT

21 MONTHS

2502

4.75

101.55 3.85

6 MONTHS 3.10 PCT

12 MONTHS 3.33 POT

24 MONTHS 2505

3.75

99.56

4.02

TOTAL TURNOVER OF BILLS AND RONDS

T

15,703 MN

CLOSED 19 MAY 1993

I

1

F