Exchange Fund Balance Sheet Data
The Hong Kong Monetary Authority (HKMA) released today (14 November 2000) key data on the balance sheet of the Exchange Fund at the end of October 2000, reporting an increase of HK$7.5 billion in the foreign assets of the Exchange Fund during the month.
Foreign assets, representing the external assets of the Exchange Fund, amounted to HK$758.7 billion.
The Monetary Base, comprising Certificates of Indebtedness and coins issued, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$208.1 billion.
Claims on the private sector in Hong Kong amounted to HK$54.1 billion.
Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$23.9 billion.
The balance sheet data of the Exchange Fund are released in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS) and are referred to as the Analytical Accounts of the Central Bank under SDDS (Annex 1).
For further enquiries, please contact:
Jasmin Fung, Manager (Press), at 2878 8246 or
Caitlin Wong, Manager (Press), at 2878 1687
Hong Kong Monetary Authority
14 November 2000
At present, four press releases relating to the Exchange Fund's data are issued each month. Three of these releases are issued to disseminate monetary data in accordance with the International Monetary Fund's Special Data Dissemination Standard (SDDS). The fourth press release, on the Exchange Fund's Abridged Balance Sheet and Currency Board Account, is made in accordance with the HKMA's policy of maintaining a high level of transparency. For the month of November, the scheduled dates for issuing the press releases are as follows:
| 7 November (Issued) | SDDS International Reserves (Hong Kong's Latest Foreign Currency Reserve Assets Figures) |
| 14 November | SDDS Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet Data) |
| 27 November | Exchange Fund Abridged Balance Sheet and Currency Board Account |
| 30 November | SDDS Template on International Reserves and Foreign Currency Liquidity |
| Annex 1 |
Monetary Claims on the Claims on the Foreign Foreign
Base(1) Hong Kong SAR Private Sector Assets(4) Liabilities(5)
Government(2) in Hong Kong(3)
31 October 1999 199,145 0 51,748 663,782 44
30 November 1999 202,546 0 89,020 655,569 43
31 December 1999 234,386 0 77,563 691,261 38
31 January 2000 223,695 0 85,715 685,114 50
29 February 2000 211,085 0 77,166 686,391 46
31 March 2000 208,181 0 73,451 682,512 45
30 April 2000 208,958 0 74,939 680,747 46
31 May 2000 205,151 0 60,116 699,042 52
30 June 2000 208,344 0 45,592 723,309 53
31 July 2000 207,590 0 53,806 738,407 16,644
31 August 2000 206,800 0 49,349 746,871 21,665
30 September 2000 209,882 0 54,988 751,233 21,876
31 October 2000 208,082 0 54,125 758,699 23,855
(1) The Monetary Base comprises Certificates of Indebtedness (for backing the currency notes) and coins issued, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued.
(2) Claims on the Hong Kong SAR Government refer to any lending to the Government.
(3) Claims on the Private Sector in Hong Kong include bank deposits and investments in debt securities issued by public sector entities in Hong Kong held by the Exchange Fund.
(4) Foreign Assets represent the external assets of the Exchange Fund and exclude foreign currency deposits placed with banks in Hong Kong.
(5) Foreign Liabilities include obligations under repurchase agreements and fees payable to the Exchange Fund's external managers.
Hong Kong Monetary Authority
14 November 2000
| © Copyright 1996-2006 irasia.com Ltd. All rights reserved. Tel: (852) 2831-9792. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |