XN000022-1993-08-26 — Page 19

THURSDAY, AUGUST 26, 1993

18

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 +0.1* 26.8.93

MILLION

2,200

-200

2,000

NIL

+380

2,380

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.73 PCT

15 MONTHS 2411

4.625

1 MONTH

3 MONTHS 2.81 PCT

6 MONTHS 3.02 PCT

12 MONTHS 3.27 PCT

2.76 PCT

18 MONTHS 2502

4.75

101.66

101.44 3.44

3.61

21 MONTHS 2505

4.75

99.77 3.92

24 MONTHS 2508

4.625

100.99

4.14

TOTAL TURNOVER OF BILLS AND BONDS

-

8,471 MN

CLOSED 26 AUGUST 1993