XN000022-1993-08-12 — Page 24

THURSDAY, AUGUST 12, 1993

23

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 112.5 +0.0* 12.8.93

$ MILLION

1,330

+670

2,000

NIL

-530

1,470

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3 MONTHS

3.28 PCT

2.96 PCT

3.10 PCT

12 MONTHS 2408

15 MONTHS 2411

18 MONTHS 2502

4.375

100.72 3.68

4.625

4.75

101.00

6 MONTHS 3.26 PCT

12 MONTHS 3.71 PCT

21 MONTHS 2505

3.75

99.00

100.98 3.85

4.10

4.39

TOTAL TURNOVER OF BILLS AND BONDS

13,012 MN

CLOSED 12 AUGUST 1993