XN000022-1994-01-13 — Page 33

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THURSDAY, JANUARY 13, 1994

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

$ MILLION

1,825

+2,175

4,000

NIL

-2,133

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

1,867

TWI 127.5 **0.0* 13.1.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

2.81 PCT

13 MONTHS 2502

4.75

101.36

3.50

1 MONTH

2.86 PCT

3 MONTHS

2.98 PCT

19 MONTHS

16 MONTHS 2505

2508

3.75

100.12

3.69

4.625

101.22 3.86

6 MONTHS

3.12 PCT

22 MONTHS

2511

4.15

100.25

4.05

12 MONTHS 3.42 PCT

33 MONTHS

3610

4.20

99.30

4.52

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 13 JANUARY 1994

20,977 MN

O