XN000022-1993-11-05 — Page 25

FRIDAY, NOVEMBER 5, 1993

24

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

$ MILLION

2,980

+20

3,000

NIL

-380

2,620

TWI 113.3 *+0.1* 5.11.93

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.54 PCT

13 MONTHS

2411

4.625

101.33

3.23

1 MONTH

2.81 PCT

16 MONTHS

2502

4.75

101.56

3.52

3 MONTHS

2.85 PCT

19 MONTHS

2505

3.75

94.94

3.83

6 MONTHS

2.98 PCT

22 MONTHS

2508

4.625

101.20

3.96

12 MONTHS

3.31 PCT

36 MONTHS

3610

4.20

99.37

4.48

TOTAL TURNOVER OF BILLS AND BONDS

-

26,642 MN

CLOSED 5 NOVEMBER 1993