XN000022-1993-12-28 — Page 13

12

-

TUESDAY, DECEMBER 28, 1993

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 3 JANUARY 1994

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

4 JAN 94

EF BILLS

Q401

ISSUE DATE

5 JAN 94

MATURITY DATE

6 MAR 94

TENOR

91 DAYS

AMOUNT ON OFFER

HK$1,200 + 240 MN

-

4 JAN 94

EF BILLS

H455

5 JAN 94

6 JUL 94

182 DAYS

HK$500 + 100 MN

0

—

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

MILLION

OPENING BALANCE IN THE ACCOUNT

1,683

REVERSAL OF LAF

+2.317

BALANCE AFTER REVERSAL OF LAF

4,000

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

TWI 113.9 *+0.1* 28.12.93

NIL

-1,180

2,820

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON PRICE YIELD

1 WEEK

1 MONTH

3.26 PCT

14 MONTHS

2502

4.75

101.38 3.53

3.12 PCT

17 MONTHS

2505

3.75

100.05 3.75

3 MONTHS

3.13 PCT

20 MONTHS

2508

4.625

101.14 3.94

6 MONTHS

3.20 PCT

23 MONTHS

2511

4.15

100.12 4.12

12 MONTHS

3.48 PCT

34 MONTHS

3610

4.20

99.13 4.58

TOTAL TURNOVER OF BILLS AND BONDS

―

3,630 MN

CLOSED 28 DECEMBER 1993