XN000022-1993-10-25 — Page 19

18

MONDAY, OCTOBER 25, 1993

HONG KONG GOVERNMENT EXCHANGE FUND TENDER RESULTS

*

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

AMOUNT APPLIED

AMOUNT ALLOTTED

AVERAGE PRICE ACCEPTED

LOWEST PRICE ACCEPTED

25 OCT 93

EF NOTES

3610

HK$2,975 MN

HK$500 MN

100.07

100.05

ABOUT 4%

AVERAGE TENDER PRICE

99.97

PRO RATA RATIO

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

$ MILLION

2,375

+625

3,000

NIL

+920

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

3,920

TWI 113.1

*+0.1*

25.10.93

HONG KONG