XN000022-1993-10-05 — Page 9

TUESDAY, OCTOBER 5, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * *

OPENING BALANCE IN THE ACCOUNT

$ MILLION

2,200

-200

2,000

NIL

-75

1.925

5.10.93

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 112.2 *-0.3*

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.81 PCT

13 MONTHS

2411

4.625

101.33 3.42

1 MONTH

2.82 PCT

16 MONTHS

2502

4.75

101.55

3.60

3 MONTHS

2.88 PCT

19 MONTHS

2505

3.75

99.84

3.89

6 MONTHS 3.05 PCT

22 MONTHS

2508

4.625

101.24

3.97

12 MONTHS

3.35 POT

TOTAL TURNOVER OF BILLS AND BONDS

-

12,596 MN

CLOSED OCTOBER 5 1993

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