XN000022-1994-02-02 — Page 15

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WEDNESDAY, FEBRUARY 2, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

3,950

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

+50

4,000

NIL

-1,234

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

2,766

TWI 126.5 *+0.5*

2.2.94

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.71

16 MONTHS

2505

3.75

100.07

3.73

1 MONTH

2.90

19 MONTHS

2508

4.265

101.11

3.91

3 MONTHS

3.01

22 MONTHS

2511

4.15

100.16

4.10

6 MONTHS

3.15

33 MONTHS

36.10

4.20

99.19

4.57

12 MONTHS

3.48

36 MONTHS

3701

4.60

100.02

4.65

TOTAL TURNOVER OF BILLS AND BONDS 16,060 MN

ד

CLOSED 2 FEBRUARY 1994

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