XN000022-1993-11-27 — Page 8

SATURDAY, NOVEMBER 27, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

3,765

REVERSAL OF LAF

-820

BALANCE AFTER REVERSAL OF LAF

2,945

NET INJECTION/WITHDRAWL TODAY

EFFECT OF LAF TODAY

NIL

-234

CLOSING BALANCE IN THE ACCOUNT

2,711

LAF RATE 2.00 BID/4.00 OFFER

TWI 113.8 *+0.1*

27.11.93