XN000022-1993-09-14 — Page 21

20

TUESDAY, SEPTEMBER 14, 1993

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

2,000

NIL

2,000

NIL

-475

1,525

TWI 112.1 *+0.0* 14.9.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.86 PCT

14 MONTHS

2411

4.625 101.47

3.36

1 MONTH

2.83 PCT

17 MONTHS

2502

4.75

101.71

3.53

3 MONTHS

2.85 PCT

20 MONTHS

2505

3.75

100.05

3.75

6 MONTHS

3.00 PCT

23 MONTHS

2508

4.625 101.44

3.88

12 MONTHS

3.27 PCT

TOTAL TURNOVER OF BILLS AND BONDS

—

11,206 MN

CLOSED 14 SEPTEMBER 1993