XN000022-1993-08-31 — Page 13

TUESDAY, AUGUST 31, 1993

12

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 112.3 +0.1* 31.8.93

$ MILLION

1,820

+180

2,000

NIL

+200

2,200

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.85 PCT

15 MONTHS 2411

4.625

101.48

3.39

2.83 PCT

1 MONTH

3 MONTHS 2.83 PCT

6 MONTHS 3.03 PCT 24 MONTHS 2508

12 MONTHS 3.26 PCT

21 MONTHS

18 MONTHS 2502

2505

4.75

101.70

3.57

4.75

99.88

3.86

4.625

101.15

4.05

TOTAL TURNOVER OF BILLS AND BONDS

+

10,676 MN

CLOSED 31 AUGUST 1993

+

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