XN000022-1993-08-13 — Page 16

FRIDAY, AUGUST 13, 1993

15

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 -0.1* 13.8.93

$ MILLION

1.470

+530

2,000

NIL

-952

1,048

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.13 PCT

12 MONTHS 2408

4.375

100.78

3.61

1 MONTH

3 MONTHS

3.02 PCT

3.09 PCT

15 MONTHS 2411

18 MONTHS 2502

4.625

101.00

3.83

4.75

101.04

4.07

6 MONTHS 3.21 PCT

12 MONTHS 3.60 PCT

21 MONTHS 2505

3.75

99.07

4.35

TOTAL TURNOVER OF BILLS AND BONDS

W

23,027 MN

CLOSED 13 AUGUST 1993