XN000022-1993-12-07 — Page 16

15

TUESDAY, DECEMBER 7, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 13 DEC 1993

TENDER DATE

PAPER ON OFFER

14 DEC 93

EF BILLS

Q350

15 DEC 93

ISSUE NUMBER

ISSUE DATE

MATURITY DATE

TENOR

AMOUNT ON OFFER

16 MAR 94

91 DAYS

HKD1,000 + 200 MN

-

0

-

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 113.5 -0.2* 7.12.93

MILLION

3,210

-240

3,000

+1,000

-3.996

+

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

72 PCT

1 MONTH 3.01 POT

JMONTHS 2.99 PCT

6 MONTHS 3.15 FOT

15 MONTHS. 3502

18 MONTHS. 2305

21 MONTHS 2508

24 MONTHS

4.75

101.38

3.59

3.75

99.93

3.84

4.625

101.07

4.00

2511

1.15

100.06

4.16

12 MONTHS 3.45 PCT 35 MONTHS

3616

4.20

99.07

4.GO

TOTAL TURNOVER OF BILLS AND BONDS 26.000 MN

-

CLOSED 7 DECEMBER 1993