XN000022-1993-11-16 — Page 18

17

TUESDAY, NOVEMBER 16, 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 113.1 *+0.2 16.11.1993

1

$ MILLION

2,761

+239

3,000

NIL

-820

2,180

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

1 MONTH

3 MONTHS 2.85 PCT

6 MONTHS 2.98 PCT

2.50 PCT

12 MONTHS 2411

4.625

101.28

3.34

2.70 PCT

15 MONTHS

2502

4.75

101.53 3.52

18 MONTHS

2505

3.75

100.00

3.79

21 MONTHS 2508

4.625

101.21

3.94

12 MONTHS 3.34 PCT

35 MONTHS 3610

4.20

99.28

4.51

TOTAL TURNOVER OF BILLS AND BONDS

15,392 MN

CLOSED 16 NOVEMBER 1993