TNAG-2475-FCO40-3605-Hong-Kong-exchange-fund-report-and-accounts-for-1991-1992 — Page 49

5. GOLD

Quantity

Market value

CONFIDENTIAL

- 36 -

Valuation price (a troy ounce)

1991

troy ounces

228,041.435

1990

troy ounces

227,955.492

HK$ '000

HK$ '000

628,601

695,219

US$353.40

(HK$2,756.52)

US$391.00

(HK$3,049.80)

Of the 228,041.435 fine ounces of gold stock in hand, a total of

223,659.413 fine ounces was deposited with U.K. financial

institutions at an average interest rate of 0.738 percent per

annum.

6. LOAN

The Hong Kong Futures Guarantee

Corporation Limited

CONFIDENTIAL

1991

HK$'000

1990

HK$ '000

326,705

519,240