XN000022-1994-02-22 — Page 23

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TUESDAY, FEBRUARY 22, 1994

HONG KONG GOVERNMENT EXCHANGE FUND

TENDERS TO BE HELD IN THE WEEK BEGINNING 28 FEB 1994

TENDER DATE

PAPER ON offer

ISSUE NUMBER

ISSUE DATE

1 MARCH 94

EF BILLS

Q409

2 MARCH 94

-

1 MARCH 94

EF BILLS

H459

2 MARCH 94

31 AUG 94

182 DAYS

MATURITY DATE

1 JUNE 94

TENOR

91 DAYS

AMOUNT ON OFFER

HKD 1,300 + 260MN

HKD 500 + 100MN

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

BFFECT OF LAF TODAY

$ MILLION

2,420

+580

3,000

NIL

-1,700

CLOSING BALANCE IN THE ACCOUNT

LAF RATE 2.00 BID/4.00 OFFER

1,300

TWI 126.0

*+0.2*

22.2.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

EF BILLS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

2.86

18 MONTHS

2508

4.625 100.52

4.31

1 MONTH

3.02

21 MONTHS

2511

4.15

99.43

4.54

3 MONTHS

3.23

24 MONTHS

2602

4.40

99.54

4.70

6 MONTHS

3.45

32 MONTHS

3610

4.20

98.11

5.02

12 MONTHS

3.91

35 MONTHS

3701

4.60

98.81

5.10

-

TOTAL TURNOVER OF BILLS AND BONDS 22,180 MN

CLOSED 22 FEBRUARY 1994

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