XN000022-1994-02-15 — Page 11

10

TUESDAY, FEBRUARY 15, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 21 FEBRUARY 1994

TENDER DATE

PAPER ON OFFER

ISSUE NUMBER

ISSUE DATE

22 FEB 94

EF BILLS

Q408

23 FEB 94

22 FEB 94

EF BILLS

Y486

23 FEB 94

22 FEB 95

MATURITY DATE

25 MAY 94

TENOR

91 DAYS

364 DAYS

AMOUNT ON OFFER

HKD 1,300 + 260 MN

HKD 400+ 120MN

0

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 RID/4.00 OFFER

$ MILLION

2,360

+640

3,000

NIL

-1,140

TWI 125.4 *-0.7*

1,860

15.2.94

EF BILLS

TERMS

YIELD

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERM

ISSUE COUPON

PRICE

YIELD

1 WEEK

2.51

19 MONTHS

2508

4.625 100.63

4.23

1 MONTH

2.76

22 MONTHS

2511

4.15

99.64

4.41

3 MONTHS

3.14

24 MONTHS

2602

4.40

99.76

4.58

6 MONTHS

3.35

33 MONTHS

3610

4.20

98.43

4.88

12 MONTHS

3.75

36 MONTHS

3701

4.60

99.23

4.94

-

TOTAL TURNOVER OF BILLS AND BONDS 20,980 MN

CLOSED 15 FEBRUARY, 1994