XN000022-1994-03-09 — Page 30

WEDNESDAY, MARCH 9, 1994

28

HONG KONG GOVERNMENT EXCHANGE FUND

MONEY MARKET OPERATIONS

*

* * *

L

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

1,836

+1,164

3,000

NIL

-1,611

1,389

TWI 125.7 +0.0*

9.3.94

EF BILLS

HONG KONG GOVERNMENT EXCHANGE FUND

EF NOTES/HONG KONG GOVERNMENT BONDS

TERMS

YIELD

TERM

ISSUE

COUPON

PRICE

YIELD

1 WEEK

3.45

18 MONTHS

2508

4.625 99.80

4.83

1 MONTH

3.57

21 MONTHS

2511

4.15

98.67

5.03

3 MONTHS

3.71

24 MONTHS

2602

4.40

98.67

5.19

6 MONTHS

3.93

32 MONTHS

3610

4.20

96.93

5.54

12 MONTHS

4.39

35 MONTHS

3701

4.60

97.41

5.66

TOTAL TURNOVER OF BILLS AND BONDS

11,836 MN

CLOSED 9 MARCH, 1994