The Hong Kong Monetary Authority (HKMA) released today (Friday)
key data on the balance sheet of the Exchange Fund at the end of
September 2005, reporting an increase of HK$12.5 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$879.0 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$280.7 billion.
Claims on the private sector in Hong Kong amounted to HK$74.5
billion.
Foreign liabilities, representing mainly obligations under
repurchase agreements, amounted to HK$1.5 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).
Release calendar
The release calendar of the Analytical Accounts of the Central
Bank for 2006 is announced below:
| Reference
Month |
Release Date |
| January 2006 |
14 February 2006 |
| February 2006 |
14 March 2006 |
| March 2006 |
18 April 2006 |
| April 2006 |
15 May 2006 |
| May 2006 |
14 June 2006 |
| June 2006 |
14 July 2006 |
| July 2006 |
14 August 2006 |
| August 2006 |
14 September 2006 |
| September 2006 |
16 October 2006 |
| October 2006 |
14 November 2006 |
| November 2006 |
14 December 2006 |
| December 2006 |
15 January 2007 |
For further enquiries, please contact:
Jasmin Fung, Manager (Press), at 2878 8246 or
Hing-Fung Wong, Resource Co-ordinator, at 2878 1802
Hong Kong Monetary Authority
14 October 2005
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 October 2005, the scheduled dates for issuing the
press releases are as follows:
7 October
(Issued) |
SDDS International Reserves (Hong Kong's Latest Foreign
Currency Reserve Assets Figures) |
| 14 October |
SDDS Analytical Accounts of the Central Bank (Exchange Fund
Balance Sheet Data) |
| 28 October |
Exchange Fund Abridged Balance Sheet and Currency Board
Account |
| 31 October |
SDDS Template on International Reserves and Foreign Currency
Liquidity |
Annex
Analytical Accounts of the Central
Bank
(in millions of Hong Kong dollars)
|
Monetary
Base (1) |
Claims on the Hong Kong SAR Government
(2) |
Claims on the Private Sector in Hong
Kong (3) |
Foreign
Assets (4) |
Foreign
Liabilities (5) |
| 30 September 2004 |
278,711 |
0 |
64,534 |
859,233 |
3,681 |
| 31 October 2004 |
282,628 |
0 |
48,790 |
882,176 |
866 |
| 30 November 2004 |
288,362 |
0 |
76,694 |
868,326 |
137 |
| 31 December 2004 |
294,871 |
0 |
55,858 |
904,904 |
157 |
| 31 January 2005 |
305,786 |
0 |
65,249 |
907,743 |
1,382 |
| 28 February 2005 |
296,192 |
0 |
64,428 |
902,425 |
1,910 |
| 31 March 2005 |
286,496 |
0 |
76,790 |
878,677 |
1,431 |
| 30 April 2005 |
286,597 |
0 |
72,940 |
883,019 |
946 |
| 31 May 2005 |
280,600 |
0 |
76,386 |
876,818 |
12,572 |
| 30 June 2005 |
281,399 |
0 |
79,673 |
869,178 |
5,953 |
| 31 July 2005 |
279,322 |
0 |
73,816 |
874,333 |
4,626 |
| 31 August 2005 |
277,618 |
0 |
85,292 |
866,513 |
1,379 |
| 30 September 2005 |
280,684 |
0 |
74,547 |
879,004 |
1,487 |
(1) The Monetary Base comprises Certificates of Indebtedness
(for backing the currency notes), Government-issued currency notes
and coins in circulation, 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 are bank
deposits.
(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, securities lending with cash collateral arrangements
and fees payable to the Exchange Fund's external managers.
Hong Kong Monetary Authority
14 October 2005
