XN000022-1994-02-24 — Page 37

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THURSDAY, FEBRUARY 24, 1994

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 BID/4.00 OFFER

$ MILLION

1,830

+1,170

3,000

NIL

-473

2,527

TWI 126.0 *+0.2* 24.2.94

HONG KONG GOVERNMENT EXCHANGE FUND

EF BILLS

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE COUPON PRICE

YIELD

1 WEEK

3.05

18 MONTHS

2508

4.625 100.35

4.43

1 MONTH

3.13

21 MONTHS

2511

4.15

99.31

4.62

3 MONTHS

3.37

24 MONTHS

2602

4.40

99.33

4.82

6 MONTHS

3.58

32 MONTHS

3610

4.20

97.85

5.13

12 MONTHS

4.05

35 MONTHS

3701

4.60

98.61

5.22

TOTAL TURNOVER OF BILLS AND BONDS

16,933 MN

CLOSED 24 FEBRUARY 1994

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