XN000022-1993-08-17 — Page 18

TUESDAY, AUGUST 17, 1993

17

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

**

OPENING BALANCE IN THE ACCOUNT

$ MILLION

1,880

+120

2,000

NIL

-960

1,040

17.8.93

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 112.0 * −0.1*

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

3.19 PCT

15 MONTHS

2411

4.375

101.18 3.68

1 MONTH

3.00 PCT

18 MONTHS

2502

4.625

101.27 3.90

3 MONTHS

3.04 PCT

21 MONTHS

2505

4.75

99.27 4.23

6 MONTHS

3.14 PCT

24 MONTHS

2508

3.75

100.57

4.37

12 MONTHS

3.48 PCT

TOTAL TURNOVER OF BILLS AND BONDS

15,334 MN

CLOSED AUGUST 17, 1993