XN000022-1993-10-21 — Page 24

23

THURSDAY, OCTOBER 21, 1993

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 TWI 112.8 *+0.0* 21.10.93

$ MILLION

3,960

-960

3,000

NIL

NIL

3,000

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.91 PCT

1 MONTH

2.82 PCT

13 MONTHS 2411

16 MONTHS

4.625

101.59 3.13

2502

4.75

101.89

3.30

3 MONTHS

2.71 PCT

19 MONTHS

2505

3.75

100.40

3.52

6 MONTHS 2.81 PCT

22 MONTHS 2508

4.625

101.82

3.61

12 MONTHS 3.08 PCT

TOTAL TURNOVER OF BILLS AND BONDS

-

18,016 MN

CLOSED 21 OCTOBER 1993