XN000022-1993-11-18 — Page 12

11

THURSDAY, NOVEMBER 18, 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

$ MILLION

2,185

+815

3,000

NIL

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAP RATE 2.00 BID/4.00 OFFER TWI 113.2 *-0.1* 18.11.93

-1,584

1,416

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.41 PCT

12 MONTHS 2411

4.625

101.20

3.42

1 MONTH

2.71 PCT

15 MONTHS

2502

4.75

101.45

3.58

3 MONTHS

6 MONTHS 3.04 PCT

2.89 PCT

18 MONTHS

2505

3.75

99.83 3.91

21 MONTHS

2508

4.625

100.96 4.09

12 MONTHS 3.40 PCT

35 MONTHS

3610

4.20

98.96

4.63

TOTAL TURNOVER OF BILLS AND BONDS

―

20,536 MN

CLOSED 18 NOVEMBER 1993