XN000022-1994-02-18 — Page 14

FRIDAY, FEBRUARY 18, 1994

13

"IT IS VALUABLE TO WORK IN A DEPARTMENT OF THIS SIZE, WITH DEDICATED STAFF, ESPECIALLY THE PROFESSIONAL SOCIAL WORKERS AND OFFICERS FROM THE SOCIAL SECURITY FIELD. DOING THEIR JOBS SO EFFICIENTLY AND EFFECTIVELY," MR STRACHAN NOTED.

HE STRESSED THAT THE DEPARTMENT AIMED TO PROVIDE A QUALITY AND PROFESSIONAL SERVICE TO CLIENTS,

LATER THIS YEAR SWD WOULD COME UP WITH ITS PERFORMANCE TO SET OUT THE STANDARDS OF SERVICE, HE ADDED.

PLEDGES

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

$ MILLION

OPENING BALANCE IN THE ACCOUNT

2,020

REVERSAL OF LAF

BALANCE AFTER REVERSAL OF LAF

NET INJECTION/WITHDRAWAL TODAY

EFFECT OF LAF TODAY

+980

3,000

NIL

-740

CLOSING BALANCE IN THE ACCOUNT

2,260

LAF RATE 2.00 BID/4.00 OFFER

TWI 125.7

*+0.1%

18.2.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUR

COUPON

PRICE

YIELD

1 WEEK

2.85

18 MONTHS

2508

4.625 100.44

4.37

1 MONTH

3.00

21 MONTHS

2511

4.15

99.42

4.54

+

3 MONTHS

3.23

24 MONTHS

2602

4.40

99.53

4.70

6 MONTHS

3.52

32 MONTHS

3610

4.20

98.15

5.00

12 MONTHS

3.94

35 MONTHS

3701

4.60

98.94

5.05

TOTAL TURNOVER OF BILLS AND BONDS

CLOSED 18 FEBRUARY 1994

-

33,773 MN