The Hong Kong Monetary Authority (HKMA) released today (15 May
2000) key data on the balance sheet of the Exchange Fund at the end
of April 2000, reporting a decrease of HK$1.8 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$680.7 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$209
billion.
Claims on the private sector in Hong Kong amounted to HK$74.9
billion.
The balance sheet data of the Exchange Fund are released on a
monthly basis 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).
Hong Kong Monetary Authority
15 May 2000
Annex 1
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)
|
| 31 January 1999 |
196,520 |
0 |
80,078 |
655,955 |
310 |
| 28 February 1999 |
203,042 |
0 |
71,566 |
661,465 |
46 |
| 31 March 1999 |
199,433 |
0 |
68,142 r |
655,862 |
25 |
| 30 April 1999 |
198,256 |
0 |
60,145 |
656,843 |
20 |
| 31 May 1999 |
197,281 |
0 |
57,826 |
652,107 |
8 |
| 30 June 1999 |
196,479 |
0 |
62,106 |
645,393 |
35 |
| 31 July 1999 |
196,041 |
0 |
48,389 |
654,866 |
47 |
| 31 August 1999 |
196,568 |
0 |
54,623 |
655,054 |
40 |
| 30 September 1999 |
200,768 |
0 |
55,914 |
662,831 |
489 |
| 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 |
r - revised figure
- 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.
- Claims on the Hong Kong SAR Government refer to any lending to
the Government.
- 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.
- Foreign Assets represent the external assets of the Exchange
Fund and exclude foreign currency deposits placed with banks in
Hong Kong.
- Foreign Liabilities include margin payable on securities
transactions, fees payable to the Exchange Fund's external managers
and obligations under repurchase agreements.
Hong Kong Monetary Authority
15 May 2000
