XN000022-1993-10-12 — Page 23

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223

TUESDAY, OCTOBER 12, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

1,260

REVERSAL OF LAF

+740

BALANCE AFTER REVERSAL OF LAF

2,000

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

NIL

+435

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

2,435

TWI 112.2

*+0.0*

12.10.93

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

2.44 PCT

13 MONTHS

2411

4.625

101.58 3.17

1 MONTH

2.52 PCT

16 MONTHS

2502

4.75

101.86 3.35

3 MONTHS

2.66 PCT

19 MONTHS

2505

3.75

100.26

6 MONTHS

2.81 PCT

22 MONTHS

2508

4.625

101.66

3.61

3.72

12 MONTHS

3.10 PCT

TOTAL TURNOVER OF BILLS AND BONDS

8,597 MN

CLOSED OCTOBER 12, 1993