XN000022-1994-02-08 — Page 21

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TUESDAY, FEBRUARY 8, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS * * * * *

MILLION

OPENING BALANCE IN THE ACCOUNT

3,110

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

CLOSING BALANCE IN THE ACCOUNT

-110

3,000

NIL

-380

2,620

LAF RATE 2.00 BID/4.00 OFFER

TWI 126.5 *-0.3*

8.2.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.91

16 MONTHS

2505

3.75

99.70

4.03

1 MONTH

3.04

19 MONTHS

2508

4.265

100.67

4.21

3 MONTHS

3.26

22 MONTHS

2511

4.15

99.66

4.39

6 MONTHS

3.44

33 MONTHS

3610

4.20

98.50

4.85

12 MONTHS

3.78

36 MONTHS

3701

4.60

99.27

4.93

TOTAL TURNOVER OF BILLS AND BONDS 30,222 MN

CLOSED 8 FEBRUARY 1994

0