XN000022-1993-11-23 — Page 10

14

TUESDAY, NOVEMBER 23, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

OPENING BALANCE IN THE ACCOUNT

REVERSAL OF LAF

$ MILLION

1,585

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 113.7 *-0.1#

+1,415

3,000

NIL

-1,070

1,930

23.11.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.99 PCT

15 MONTHS

2502

4.75

101.22

3.76

1 MONTH

2.98 PCT

18 MONTHS

2505

3.75

99.58

4.09

3 MONTHS

3.08 PCT

21 MONTHS

2508

4.625

100.64

4.28

6 MONTHS

3.23 PCT

24 MONTHS

2511

4.15

99.54

4.44

12 MONTHS

3.56 PCT

35 MONTHS

3610

4.20

98.28

4.89

TOTAL TURNOVER OF BILLS AND BONDS

19,524 MN

CLOSED 23 NOVEMBER 1993