XN000022-1993-11-08 — Page 11

10

MONDAY, NOVEMBER 8, 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 113.2 -0.1* 8.11.1993

$ MILLION

1,930

+1,070

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

2.90 PCT

12 MONTHS 2411

4.625

101.30 3.35

1 MONTH

2.89 PCT

15 MONTHS

2502

4.75

101.51

3.55

3 MONTHS

2.89 PCT

18 MONTHS

2505

3.75

99.90

3.85

6 MONTHS 3.00 PCT

21 MONTHS

2508

4.625

101.07

4.03

12 MONTHS 3.34 PCT 36 MONTHS

3610

4.20

99.19

4.54

TOTAL TURNOVER OF BILLS AND BONDS

T

19,978 MN

CLOSED 8 NOVEMBER 1993