XN000022-1993-06-28 — Page 13

MONDAY, JUNE 28, 1993

12

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 *+0.0* 28.6. 93

$ MILLION

1,785

+1,015

2,800

NIL

+980

3,780

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3 MONTHS

3.44 PCT

14 MONTHS

2408

4.375

100.38

4.07

3.40 PCT

17 MONTHS

2411

4.625

100.50 4.29

3.37 PCT

20 MONTHS

2502

4.75

100.50

6 MONTHS 3.53 PCT

12 MONTHS 3.94 PCT

23 MONTHS

2505

3.75

98.45

4.48

4.67

TOTAL TURNOVER OF BILLS AND BONDS

J

18,446 MN

CLOSED 28 JUNE 1993