XN000022-1993-09-03 — Page 22

FRIDAY, SEPTEMBER 3, 1993

21

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* *

MILLION

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

2,175

-175

2,000

NIL

-275

1,725

3.9.93

TWI 112.5 *+0.1*

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUR

COUPON PRICE YIELD

1 WEEK

2.73 PCT

14 MONTHS

2411

4.625

101.48 3.38

1 MONTH

3 MONTHS

2.78 PCT

17 MONTHS

2502

4.75

101.71

3.55

2.82 PCT

20 MONTHS

2505

4.75

99.97 3.80

6 MONTHS

3.01 PCT

23 MONTHS

2508

4.625

101.31

3.96

12 MONTHS

3.26 PCT

TOTAL TURNOVER OF BILLS AND BONDS

10,273 MN

CLOSED SEPTEMBER 3, 1993