XN000022-1993-06-17 — Page 23

THURSDAY, JUNE 17, 1993

22

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS * * * * *

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

$ MILLION

1,980

+820

2,800

NIL

-840

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

1,960

TWI 112.2 *+0.3%

17.6.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

3.04 PCT

14 MONTHS

2408

4.375

100.66

3.82

1 MONTH

2.97 PCT

17 MONTHS

2411

4.625

100.89

4.01

3 MONTHS

3.06 PCT

20 MONTHS

2502

4.75

100.90

4.22

6 MONTHS

3.36 PCT

23 MONTHS

2505

3.75

98.88

4.41

12 MONTHS

3.65 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

8,982 MN

CLOSED 17 JUNE 1993

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