XN000022-1993-09-10 — Page 12

FRIDAY, SEPTEMBER 10, 1993

11

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

$ MILLION

2,000

NIL

2,000

NIL

-100

1,900

10.9.93

TWI 112.0 *-0.1*

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

1 MONTH

3 MONTHS

3.17 PCT

14 MONTHS

2411

4.625

101.43 3.40

2.91 PCT

17 MONTHS

2502

4.75

101.65 3.58

2.88 PCT

20 MONTHS

2505

3.75

99.96

6 MONTHS

3.00 PCT

23 MONTHS

2508

4.625

101.34

3.81

3.93

12 MONTHS

3.29 PCT

TOTAL TURNOVER OF BILLS AND BONDS

18,356 MN

CLOSED SEPTEMBER 10, 1993

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