XN000022-1993-11-24 — Page 33

WEDNESDAY, NOVEMBER 24, 1993

31

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

1,930

+1,070

3,000

NIL

-895

2,105

TWI 113.6 -0.1* 24.11.93

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE YIELD

1 WEEK

1 MONTH

3.00 PCT

15 MONTHS

2502

4.75

101.36

3.64

2.99 PCT

18 MONTHS

2505

3.75

99.82

3.91

3 MONTHS

3.08 PCT

21 MONTHS

2508

4.625

100.88 4.13

6 MONTHS

3.23 PCT

24 MONTHS

2511

4.15

99.83 4.29

12 MONTHS

3.51 PCT

35 MONTHS

3610

4.20

98.63 4.76

-

TOTAL TURNOVER OF BILLS AND BONDS 15,933MN

CLOSED 24 NOVEMBER 1993