XN000022-1993-07-14 — Page 8

7

WEDNESDAY, JULY 14, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE COUPON

PRICE

YIELD

1 WEEK

2.37 PCT

13 MONTHS

2408

4.375

100.56

3.88

1 MONTH

2.70 PCT

16 MONTHS

2411

4.625

100.79

4.05

3 MONTHS

3.16 PCT

19 MONTHS

2502

4.75

100.88

4.21

6 MONTHS

3.38 PCT

22 MONTHS

2505

3.75

98.92

4.41

12 MONTHS

3.78 PCT

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 14 JULY 1993

+

32,406 MN