XN000022-1993-12-17 — Page 26

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FRIDAY, DECEMBER 17, 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

3,910

+90

4,000

NIL

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER TWI 113.8 -0.1* 17.12.93

-1,506

2,494

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.09 PCT

14 MONTHS

2502

4.75

101.34

3.59

1 MONTH

3.11 PCT

17 MONTHS

2505

3.75

99.90

3.86

3 MONTHS

3.04 PCT

20 MONTHS

2508

4.625

100.96

4.06

6 MONTHS

3.19 PCT

23 MONTHS

2511

4.15

99.89

4.25

12 MONTHS 3.49 PCT

34 MONTHS 3610

4.20

98.76

4.72

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 17 DECEMBER 1993

2,289 MN

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