HONG KONG MONETARY AUTHORITY Annual Report 1996

ABBREVIATIONS USED IN THIS REPORT

 

ADB - Asia Development Bank
AI - Authorised Institution
APEC - Asia-Pacific Economic Co-Operation
BAC - Banking Advisory Committee
BIS - Bank for International Settlements
BLR - Best lening rate
bn - billion
bp - basis point(s)
CD - Certificates of deposit
CHATS - Clearing House Automatic Transfer System
CMU - Central Moneymarkets Unit
CPI(A) - Consumer Price Index (A)
DM - Deutschemark
DTCA - Deposit-taking Companies Association
DTCAC - Deposit-taking Companies Advisory Committee
DvP - Delivery versus Payment
ECG - Electronic Clearing
EERI - Effective Exchange Rate Index
EFAC - Exchange Fund Advisory Committee
EMEAP - Executive's Meeting of East Asia and Pacific Central Banks
FRCD - Floating rate certificates of deposit
FRN - Floating rate note
GDP - Gross Domestic Product (in real terms unless otherwise stated)
GNP - Gross National Product (in real terms unless otherwise stated)
HIBOR - Hong Kong Interbank Offer Rate
HKAB - Hong Kong Association of Banks
HKMA - Hong Kong Monetary Authority
HSBC - Hong Kong & Shanghai Banking Corporation Limited
IMF - International Monetary Fund
IT - Information Technology
LAF - Liquidity Adjustment Facility
LegCo - Legislative Council
MTRC - Mass Transit Railway Corporation
mn - million
NCD - Negotiable certificates of deposit
OECD - Organisation for Economic Co-operation and Development
PBoc - People's Bank of China
PVP - Payment versus Payment
RLB - Restricted licence bank
ROA - Return on assets
RTGS - Real Time Gross Settlement
SFC - Securities and Futures Commission

 

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