Exchange Fund Balance Sheet Data

Press Releases

15 Sep 2003

Exchange Fund Balance Sheet Data

The Hong Kong Monetary Authority (HKMA) today (Monday) released key data on the balance sheet of the Exchange Fund at the end of August 2003, reporting a decrease of HK$5.4 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$819.2 billion.

The Monetary Base, comprising Certificates of Indebtedness, Government-issued currency notes and coins in circulation, the Aggregate Balance of the banking system and Exchange Fund Bills and Notes issued, amounted to HK$255.0 billion.

Claims on the private sector in Hong Kong amounted to HK$53.4 billion.

Foreign liabilities, representing mainly obligations under repurchase agreements, amounted to HK$15.7 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).

 

For further enquiries, please contact:
Jasmin Fung, Manager (Press), at 2878 8246 or
Thomas Chan, Senior Manager (Press), at 2878 1480

 

Hong Kong Monetary Authority
15 September 2003

 

At present, four press releases relating to the Exchange Fund's data are issued by the HKMA 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 September, the scheduled dates for issuing the press releases are as follows:

8 September
(Issued)
SDDS International Reserves (Hong Kong's Latest Foreign Currency Reserve Assets Figures)
15 September SDDS Analytical Accounts of the Central Bank (Exchange Fund Balance Sheet Data)
26 September Exchange Fund Abridged Balance Sheet and Currency Board Account
30 September SDDS Template on International Reserves and Foreign Currency Liquidity
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Last revision date : 15 September 2003