XN000022-1994-01-31 — Page 15

14

MONDAY, JANUARY 31, 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

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

MILLION

6,755

-79

6,676

-2,676

-395

TWI 126.8 *-0.1*

3,605

31.1.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.84

16 MONTHS

2505

3.75

100.18

3.64

1 MONTH

2.86

19 MONTHS

2508

4.265

101.26

3.81

3 MONTHS

2.97

22 MONTHS

2511

4.15

100.30

4.01

6 MONTHS

3.07

33 MONTHS

3610

4.20

99.33

4.51

12 MONTHS

3.40

36 MONTHS

3701

4.60

100.18

4.59

TOTAL TURNOVER OF BILLS AND BONDS

-

33,023 MN

CLOSED 31 JANUARY 1994