XN000022-1994-01-21 — Page 30

FRIDAY, JANUARY 21, 1994

28

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

* * * *

$ MILLION

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

1,240

+2,760

4,000

NIL

NIL

4,000

TW1 127.2 *~0.2* 21.1.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON

PRICE

YIELD

1 WEEK

2.01

13 MONTHS

2502

4.75

101.36

3.47

1 MONTH

2.56

16 MONTHS

2505

3.75

100.15

3.66

3 MONTHS

2.90

19 MONTHS

2508

4.625

101.25

3.83

6 MONTHS

3.06

22 MONTHS

2511

4.15

100.27

4.03

12 MONTHS

3.36

33 MONTHS

3610

4.20

99.29

4.52

-

TOTAL TURNOVER OF BILLS AND BONDS 38,821 MN

CLOSED 21 JANUARY 1994