TNAG-1773-FCO40-2525-Hong-Kong-Exchange-Fund-Hong-Kong-Futures-Exchange-Limited--1988 — Page 116

(iii)

CONFIDENTIAL

-

34

4

An analysis of TREASURY BILLS, BANKERS' ACCEPTANCES, PROMISSORY NOTES, REPURCHASE AGREEMENTS AND CENTRAL BANK FACILITY (AT COST) is given in the following table:

Treasury Bills

1987

HK$'000s

1986 HK$'000s

Government of Canada

144,726

84,611

Government of the Federal

Republic of Germany

38,052

38,687

Government of Japan

157,349

118,140

Government of the United Kingdom

72,049

56,365

Government of the United States

of America

2,975,961

2,917,901

Sub total:

3,388,137

3,215,704

Bankers' acceptances

400,049

370,266

Promissory notes

297,041

200,587

Repurchase agreements

65,723

2,301

Central bank facility (IBRD)

237,982

238,172

4,388,932

4,027,030

(iv)

A currency analysis of NEGOTIABLE CERTIFICATES OF DEPOSIT (AT MARKET VALUE) is given in the following table :

1987 HK$'000s

1986 HK$'000s

Sterling

U.S. dollars

191,291

632,295

686,400

823,586

686,400

CONFIDENTIAL