XN000022-1993-06-25 — Page 29

FRIDAY, JUNE 25, 1993

27

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

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 112.4 *-0.6* 25.6.93

$ MILLION

2.170

+630

2,800

NIL

-35

2.765

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3.37 PCT

14 MONTHS

2408

4.375

100.32

.4.12

3.37 PCT

17 MONTHS

2411

4.625

100.42

4.35

3 MONTHS

3.35 PCT

20 MONTHS

2502

4.75

100.41

4.53

6 MONTHS

3.54 PCT

23 MONTHS

2505

3.75

98.37

4.71

12 MONTHS 3.89 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 25 JUNE 1993

-

21,366 MN