XN000022-1993-11-10 — Page 30

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WEDNESDAY, NOVEMBER 10, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

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

1,770

+1,230

3,000

NIL

-1,235

1,765

TWI 1133. *+0.1* 10.11.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

KF BILLS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.63 PCT

12 MONTHS

2411

4.625 101.33

3.31

1 MONTH

2.70 PCT

15 MONTHS

2502

4.75

101.56

3.51

3 MONTHS

2.83 PCT

18 MONTHS

2505

3.75

99.95

3.82

6 MONTHS

2.90 PCT

21 MONTHS

2508

4.626

101.18

3.96

12 MONTHS

3.28 PCT

36 MONTHS

3610

4.20

99.32

4.50

TOTAL TURNOVER OF BILLS AND BONDS

10,123 MN

CLOSED 10 NOVEMBER 1993